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Pinnacle Foods Inc. Announces Pricing Of Secondary Offering Of 17 Million Shares Of Common Stock

Stocks in this article: PF

PARSIPPANY, N.J., Dec. 11, 2013 /PRNewswire/ -- Pinnacle Foods Inc. (NYSE: PF) today announced the pricing of the previously announced secondary offering of 17 million shares of its common stock to be sold by certain of its stockholders at a price to the public of $26.75 per share. The underwriters will have an option to purchase up to an additional 2.55 million shares from the selling stockholders.     

The selling stockholders will receive all of the proceeds from this offering. No shares are being sold by Pinnacle Foods. The offering is expected to settle and close on December 17, 2013, subject to customary closing conditions.

Barclays, BofA Merrill Lynch, Deutsche Bank Securities, Credit Suisse, Goldman, Sachs & Co. and Morgan Stanley are acting as joint bookrunning managers for the offering.  Piper Jaffray, Macquarie Capital, Stifel, Stephens Inc., BMO Capital Markets, C.L. King & Associates and Janney Montgomery Scott are acting as co-managers for the offering.

The offering of these securities will be made only by means of a prospectus, copies of which may be obtained from Barclays at c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by telephone at 888-603-5847 or by email at barclaysprospectus@broadridge.com, BofA Merrill Lynch at 222 Broadway, New York, NY 10038, Attn: Prospectus Department or by email at dg.prospectus_requests@baml.com, Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, or by telephone at 800-503-4611 or by email at prospectus.cpdg@db.com, Credit Suisse at c/o Credit Suisse Prospectus Department, One Madison Avenue, New York, NY 10010 or by telephone at 1-800-221-1037 or by email at newyork.prospectus@credit-suisse.com, Goldman, Sachs & Co. at Prospectus Department, 200 West Street, New York, NY 10282 or by telephone at 866-471-2526 or by facsimile at 212-902-9316 or by email at prospectus-ny@ny.email.gs.com and Morgan Stanley at Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014.

A registration statement relating to the offering of such securities has been declared effective by the U.S. Securities and Exchange Commission. This media release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of such securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

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