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Del Taco Restaurants to conduct secondary offering of 3,372,016 shares
Bookrunners Citigroup and Piper Jaffray will assist with financing
By Devika Patel
Knoxville, Tenn., Oct. 26 – Del Taco Restaurants, Inc. reported that stockholders will sell 3,372,016 common shares in a secondary sale with a greenshoe of 505,802 additional shares, according to a preliminary prospectus supplement filed Monday with the Securities and Exchange Commission.
Citigroup and Piper Jaffray are the bookrunners.
Affiliates of Ari Levy and Lawrence Levy, Belfer Investment Partners LP and an affiliate of Eileen Aptman, have indicated that they plan to participate in this offering.
Del Taco is a Lake Forest, Calif.-based Mexican-American quick service restaurant chain.
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