Floor & Decor Holdings, Inc. Announces Closing of Secondary Offering
July 25 2017 - 4:15PM
Business Wire
Floor & Decor Holdings, Inc. (the “Company” or “Floor &
Decor”) (NYSE: FND) today announced the closing of an underwritten
public offering of 10,718,550 shares of common stock by certain
stockholders of the Company, including funds affiliated with Ares
Management, L.P. and Freeman Spogli Management Co., L.P.
and certain members of the Company’s management and directors of
the Company (collectively, the “Selling Stockholders”), at a public
offering price of $40.00 per share.
The Company did not sell any shares in this offering and did not
receive any proceeds from the sale of the shares by the Selling
Stockholders.
BofA Merrill Lynch, Barclays, Credit Suisse, UBS Investment
Bank, Goldman Sachs & Co. LLC, Jefferies, Piper Jaffray and
Wells Fargo Securities acted as joint book-running managers for the
offering. Houlihan Lokey acted as co-manager for the offering.
A registration statement relating to these securities has been
filed with, and on July 19, 2017 was declared effective by, the
U.S. Securities and Exchange Commission (the “SEC”). The final
prospectus relating to the offering has been filed with the SEC and
copies may be obtained from: BofA Merrill Lynch, Attention:
Prospectus Department, 200 North College Street, 3rd Floor,
Charlotte, NC 28255-0001; or Barclays Capital Inc., Attention:
Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood,
NY 11717, by calling toll-free (888) 603-5847, or by email at
Barclaysprospectus@broadridge.com.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy the securities described above, nor
shall there be any sale of such shares of common stock in any state
or jurisdiction in which such offer, solicitation, or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
About Floor & Decor Holdings, Inc.
Floor & Decor is a multi-channel specialty retailer of hard
surface flooring and related accessories, offering a broad in-stock
assortment of tile, wood, laminate and natural stone flooring along
with decorative and installation accessories at everyday low
prices.
Forward-Looking Statements
This release contains forward-looking statements. All statements
other than statements of historical fact contained in this release,
including statements regarding the Company’s future operating
results and financial position, business strategy and plans and
objectives of management for future operations, are forward-looking
statements. These statements involve known and unknown risks,
uncertainties and other important factors that may cause the
Company’s actual results, performance or achievements to be
materially different from any future results, performance or
achievements expressed or implied by the forward-looking
statements.
In some cases, you can identify forward-looking statements by
terms such as “may,” “will,” “should,” “expects,” “intends,”
“plans,” “anticipates,” “could,” “seeks,” “intends,” “target,”
“projects,” “contemplates,” “believes,” “estimates,” “predicts,”
“budget,” “potential” or “continue” or the negative of these terms
or other similar expressions. The forward-looking statements in
this release are only predictions. Although the Company believes
that the expectations reflected in the forward-looking statements
in this release are reasonable, the Company cannot guarantee future
events, results, performance or achievements. A number of important
factors could cause actual results to differ materially from those
indicated by the forward-looking statements in this release,
including, without limitation, those factors described in “Risk
Factors,” “Special Note Regarding Forward-Looking Statements,”
“Management’s Discussion and Analysis of Financial Condition and
Results of Operations,” and “Business” sections and elsewhere in
the Company’s registration statement on Form S-1.
Because forward-looking statements are inherently subject to
risks and uncertainties, some of which cannot be predicted or
quantified, you should not rely on these forward-looking statements
as predictions of future events. The forward-looking statements
contained in this release speak only as of the date hereof. New
risks and uncertainties arise over time, and it is not possible for
the Company to predict those events or how they may affect the
Company. If a change to the events and circumstances reflected in
the Company’s forward-looking statements occurs, the Company’s
business, financial condition and operating results may vary
materially from those expressed in the Company’s forward-looking
statements. Except as required by applicable law, the Company does
not plan to publicly update or revise any forward-looking
statements contained herein after the Company distributes this
release, whether as a result of any new information, future events
or otherwise.
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version on businesswire.com: http://www.businesswire.com/news/home/20170725006343/en/
Investor Contacts:Floor & Decor Holdings, Inc.Matthew
McConnell,
770-257-1374InvestorRelations@flooranddecor.comorICRFarah
Soi/Rachel Schacter,
203-682-8200InvestorRelations@flooranddecor.com
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