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El Pollo Loco Holdings Inc announces completion of initial public offering and exercise of option to purchase additional shares


Wednesday, 30 Jul 2014 04:07pm EDT 

El Pollo Loco Holdings Inc:Says completion of its previously announced initial public offering at $15.00 per share.Sold a total of 8,214,286 shares of common stock, which included 1,071,429 shares sold pursuant to the full exercise of the underwriters' option to purchase additional shares.Total net proceeds to the company from the offering, after deducting underwriter discounts and commissions and estimated offering expenses, were about $112.8 mln.The issuance and sale of the shares closed on July 30, 2014.Jefferies, Morgan Stanley and Baird served as joint book-running managers for the offering.William Blair and Stifel served as co-managers for the offering.