EVANSVILLE, Ind.--(BUSINESS WIRE)--Jun. 2, 2014--
Berry Plastics Group, Inc. (NYSE: BERY) (the “Company”) announced today
the commencement of a secondary public offering of 10,000,000 shares of
the Company’s common stock by certain funds affiliated with Apollo
Global Management, LLC (collectively, 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.
The underwriter may offer the shares of Company common stock in
transactions on the New York Stock Exchange, in the over-the-counter
market, through negotiated transactions or otherwise at market prices
prevailing at the time of sale, at prices related to prevailing market
rates or at negotiated prices.
Goldman, Sachs & Co. is acting as the sole underwriter for the offering.
A shelf registration statement (including prospectus) relating to the
shares is effective with the Securities and Exchange Commission (“SEC”).
Before you invest, you should read the prospectus and other documents
filed with the SEC for more complete information about the Company and
this offering. You may get these documents for free by visiting EDGAR on
the SEC website at www.sec.gov. Alternatively, copies of the prospectus
and prospectus supplement, when available, may be obtained from Goldman,
Sachs & Co., Attn: Prospectus Department, 200 West Street, New York, NY
10282, Tel: 866-471-2526.
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
jurisdiction. The offering of these shares of common stock is being made
only by means of a prospectus supplement and related prospectus.
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 over $4.6
billion in fiscal 2013. 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