Berry Plastics Group, Inc. (NYSE: BERY) (the “Company”) announced today the pricing of a previously announced 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”) at $21.63 per share. 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 offering, and it will not change the number of shares of the Company’s common stock that are currently outstanding. The offering is currently expected to close on July 23, 2013, subject to customary closing conditions.
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, and declared effective by, the United States Securities and Exchange Commission. A copy of the registration statement can be obtained from the Securities and Exchange Commission’s website at www.sec.gov.The offering is being made only by means of prospectus. A copy of the final prospectus relating to the offering 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 jurisdiction.