EVANSVILLE, Ind.--(BUSINESS WIRE)--Jul. 15, 2013--
Berry Plastics Group, Inc. (NYSE: BERY) (the “Company”) announced today
the commencement of a proposed secondary public offering of 15,000,000
shares of the Company’s common stock by certain funds affiliated with
Apollo Global Management, LLC and certain funds affiliated with Graham
Partners, Inc. (collectively, the “Selling Stockholders”). The
underwriters will have a 30-day option to purchase up to an additional
2,250,000 shares of common stock from the Selling Stockholders. The
Company itself is not selling any shares and will not receive any
proceeds from the proposed offering, and it will not change the number
of shares of the Company’s common stock that are currently outstanding.
Citigroup, BofA Merrill Lynch, Deutsche Bank Securities, Goldman, Sachs
& Co., Credit Suisse, Baird and Barclays are acting as joint
book-running managers for the offering.
SunTrust Robinson Humphrey, Wells Fargo Securities and Apollo Global
Securities are acting as co-managers for the offering.
A registration statement relating to these securities has been filed
with the Securities and Exchange Commission but has not yet become
effective. These securities may not be sold nor may offers to buy be
accepted prior to the time the registration statement becomes effective.
A preliminary prospectus relating to the offering has been filed with
the Securities and Exchange Commission and is available on its Web site, http://www.sec.gov/.
Copies of the preliminary prospectus also may be obtained from:
Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, NY 11717 (Tel: 800-831-9146) or BofA Merrill Lynch, 222
Broadway, New York, NY 10038, Attn: Prospectus Department, email firstname.lastname@example.org.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
About Berry Plastics
Berry Plastics Group, Inc. is a leading provider of value-added plastic
consumer packaging and engineered materials delivering high-quality
customized solutions to our customers with annual net sales of $4.8
billion in fiscal 2012. With world headquarters in Evansville, Indiana,
the Company's common stock is listed on the New York Stock Exchange
under the ticker symbol BERY.
Certain statements and information included in this release may
constitute “forward looking statements” within the meaning of the
Federal Private Securities Litigation Reform Act of 1995. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance, or achievements of the Company to be materially different
from any future results, performance, or achievements expressed or
implied in such forward looking statements. Additional discussion of
factors that could cause actual results to differ materially from
management’s projections, forecasts, estimates and expectations is
contained in the companies’ Securities and Exchange Commission filings.
The companies do not undertake any obligation to update any
forward-looking statements, or to make any other forward-looking
statements, whether as a result of new information, future events or
Source: Berry Plastics Group, Inc.
Berry Plastics Group, Inc.
Dustin Stilwell, 812-306-2964