Aramark Holdings Corp. announced the launch of its initial public offering of 36,250,000 shares of its common stock. The initial public offering price is currently expected to be between $20.00 and $23.00 per share, which would result in a total offering size of between $725 million and $834 million. A total of 28,000,000 shares are being offered by Aramark and 8,250,000 shares are being offered by existing stockholders. Certain of the selling stockholders have granted the underwriters an option to purchase up to 5,437,500 additional shares of common stock to cover over-allotments, if any.
The offering is being made pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission (SEC). Aramark has been approved to list its common stock on the New York Stock Exchange under the symbol "ARMK".
Goldman, Sachs & Co., J.P. Morgan Securities LLC, Credit Suisse Securities (USA) LLC and Morgan Stanley & Co. LLC are acting as joint book-running managers and the representatives of the underwriters, Barclays Capital Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, RBC Capital Markets LLC and Wells Fargo Securities, LLC are acting as bookrunners, and Robert W. Baird & Co. Inc., PNC Capital Markets LLC, Rabo Securities USA, Inc., Samuel A. Ramirez & Co., Inc., Santander Investment Securities Inc., SMBC Nikko Securities America, Inc. and The Williams Capital Group, L.P. are acting as co-managers of the offering.
The offering will be made only by means of a prospectus. Copies of the preliminary prospectus related to the offering may be obtained, when available, from Goldman, Sachs & Co., via telephone: (866) 471-2526; facsimile: (212) 902-9316; email: [email protected]; or standard mail at Goldman, Sachs & Co., Attn.: Prospectus Department, 200 West Street, New York, N.Y., 10282; J.P. Morgan Securities LLC, via telephone: (866) 803-9204, or standard mail at J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, N.Y., 11717, Attn.: Prospectus Dept.; Credit Suisse Securities (USA) LLC, via telephone: (800) 221-1037; email: [email protected]; or standard mail at Credit Suisse Securities (USA) LLC, Attn.: Prospectus Dept., One Madison Avenue, New York, N.Y. 10010; or Morgan Stanley & Co. LLC, via mail at Morgan Stanley & Co. LLC, Attn.: Prospectus Dept., 180 Varick Street, 2nd Floor, New York, N.Y. 10014.
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.
