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Burlington Stores, Inc. Announces Closing of Initial Public Offering


Monday, 7 Oct 2013 04:00pm EDT 

Burlington Stores, Inc. announced the closing of its previously announced initial public offering of 13,333,333 shares of common stock at a price to the public of $17.00 per share. The Company also announced that the underwriters exercised in full their option to purchase up to an additional 2,000,000 shares at the initial public offering price, less the underwriting discount. The sale of the additional 2,000,000 shares was also completed on October 7, 2013. The Company`s common stock began trading on the New York Stock Exchange under the symbol BURL on October 2, 2013. J.P. Morgan, Morgan Stanley, BofA Merrill Lynch, Goldman, Sachs & Co., and Wells Fargo Securities acted as joint book-running managers for the offering. BMO Capital Markets, Cowen and Company, Guggenheim Securities, SunTrust Robinson Humphrey, Telsey Advisory Group and Ramirez & Co., Inc. acted as co-managers for the offering. 

Company Quote

30.1
-0.04 -0.13%
4:03pm EDT