Deal conducted by Deutsche Bank Securities, Piper Jaffray, Wells Fargo
By Devika Patel
Knoxville, Tenn., July 27 - Del Frisco's Restaurant Group Inc. said it priced its $75.4 million initial public offering of stock.
The company will sell 5.8 million common shares at $13.00 per share.
The deal is being conducted by joint bookrunners Deutsche Bank Securities Inc., Piper Jaffray & Co. and Wells Fargo Securities. Cowen and Co., LLC and Raymond James & Associates, Inc. are the co-managers.
Settlement is expected Aug. 1.
Based in Southlake, Texas, Del Frisco's owns and operates restaurants.
| Issuer: | Del Frisco's Restaurant Group Inc.
|
| Issue: | Common stock
|
| Amount: | $75.4 million
|
| Shares: | 5.8 million
|
| Price: | $13.00
|
| Warrants: | No
|
| Bookrunners: | Deutsche Bank Securities, Piper Jaffray & Co. and Wells Fargo Securities
|
| Co-managers: | Cowen and Co., LLC, Raymond James & Associates, Inc.
|
| Pricing date: | July 27
|
| Settlement date: | Aug. 1
|
| Stock symbol: | Nasdaq: DFRG
|
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