Boise Cascade announces IPO
Jan 25, 2013. Boise Cascade, L.L.C. has commenced an underwritten initial public offering of 11,764,706 shares of its common stock pursuant to a registration statement on Form S-1 filed with the Securities and Exchange Commission. In connection with the offering, Boise Cascade intends to grant the underwriters a 30-day option to purchase up to an additional 1,764,706 shares. The estimated price range for the initial public offering is $16.00 to $18.00 per share.
Jan 25, 2013. /Lesprom Network/. Boise Cascade, L.L.C. has commenced an underwritten initial public offering of 11,764,706 shares of its common stock pursuant to a registration statement on Form S-1 filed with the Securities and Exchange Commission. In connection with the offering, Boise Cascade intends to grant the underwriters a 30-day option to purchase up to an additional 1,764,706 shares. The estimated price range for the initial public offering is $16.00 to $18.00 per share, as the company said in a press release received by Lesprom Network.
Boise Cascade has been approved to list its common stock on the New York Stock Exchange, subject to official notice of issuance, under the symbol “BCC.”
BofA Merrill Lynch, Goldman, Sachs & Co., Deutsche Bank Securities, J.P. Morgan and Wells Fargo Securities are acting as joint book-running managers for the offering. D.A. Davidson & Co., Moelis &
Company and Piper Jaffray & Co. are serving as co-managers for the offering.
Boise Cascade is a large vertically-integrated wood products manufacturer and building materials distributor with widespread operations in the United States and Canada. Boise Cascade is headquartered in Boise, Idaho.