Boise Cascade Announces Commencement of IPO Wednesday, January 23, 3:15 PM ET
Boise Cascade today announced that it has commenced an underwritten IPO of 11,764,706 shares of its common stock pursuant to a registration statement on Form S-1 filed with the SEC. In connection with the offering, Boise Cascade intends to grant the underwriters a 30-day option to purchase up to an additional 1,764,706 shares. The estimated price range for the initial public offering is $16.00 to $18.00 per share. Boise Cascade has been approved to list its common stock on the New York Stock Exchange, subject to official notice of issuance, under the symbol "BCC."
Bank of America/Merrill Lynch, Goldman Sachs, Deutsche Bank, J.P. Morgan and Wells Fargo Securities are acting as joint book-running managers for the offering. D.A. Davidson, Moelis & Company and Piper Jaffray are serving as co-managers for the offering.
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