Del Frisco’s Prices 6M Share Offering at $21.25/Share

Del Frisco’s Prices 6M Share Offering at $21.25/Share

Del Frisco’s Restaurant Group, Inc. (NASDAQ: DFRG), the owner and operator of the Del Frisco’s Double Eagle Steak House, Sullivan’s Steakhouse, and Del Frisco’s Grille restaurant concepts, today announced the pricing of a registered secondary public offering. The size of the offering has been increased to 6,000,000 shares of common stock at a price of $ 21.25 per share. The underwriters have a 30 day option to purchase up to an additional 900,000 shares.  All shares are being sold by the Company’s largest shareholder, an affiliate of Lone Star Funds.  Del Frisco’s Restaurant Group, Inc. will not receive any proceeds from the sale of these shares.  Settlement of the offering is expected to occur on July 31, 2013.

Deutsche Bank Securities, Piper Jaffray, and Wells Fargo Securities are serving as joint book-running managers for the offering.  Cowen and Company and Raymond James are serving as co-managers for the offering.

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on July 25, 2013.  This offering is being made solely by means of a prospectus.  Copies of the prospectus relating to the offering may be obtained from: Deutsche Bank Securities Inc.,

See full press release


Benzinga – Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals


Uncategorized

Leave a Reply

Your email address will not be published.