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Bloomin' Brands Announces Secondary Public Offering Of Common Stock

Stocks in this article: BLMN

TAMPA, Fla., March 4, 2014 (GLOBE NEWSWIRE) -- Bloomin' Brands, Inc. (the "Company") (Nasdaq:BLMN) today announced that certain of its stockholders (the "Selling Stockholders") intend to offer for sale in an underwritten secondary offering approximately 18 million shares of its common stock pursuant to the Company's shelf registration statement filed with the Securities and Exchange Commission. Certain Selling Stockholders also intend to grant the underwriters an option to purchase up to an additional 2.7 million shares of common stock. The Selling Stockholders will receive all of the proceeds from this offering. No shares are being sold by the Company.

The offering will be made through an underwriting group led by BofA Merrill Lynch, Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, Deutsche Bank Securities Inc., and Goldman, Sachs & Co., who will act as joint book-running managers.

The offering of these shares will be made only by means of a prospectus. Copies of the prospectus supplement and accompanying prospectus related to the offering, when available, may be obtained by contacting one of the following: BofA Merrill Lynch, 222 Broadway, New York, New York 10038, Attn: Prospectus Department or by emailing dg.prospectus_requests@baml.com; Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014; or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Attention: Prospectus Department or by calling 866-803-9204.

A registration statement relating to these shares was filed with the Securities and Exchange Commission on March 4, 2014 and has become effective. 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 shares in any state in which such offer, solicitation or sale would be unlawful, prior to registration or qualification under the securities laws of any state.

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