Blue Buffalo Pet Products, Inc. (Nasdaq:BUFF) announced the pricing of the secondary offering of shares of its common stock pursuant to a registration statement on Form S-1, filed with the Securities and Exchange Commission, according to a press release. Existing stockholders of Blue Buffalo are selling 15,000,000 shares of common stock in the offering. The underwriters in the offering will have a 30-day option to purchase up to an additional 2,250,000 shares of common stock. The public offering price is $22.00 per share. The offering is expected to close on July 5, 2016, subject to customary closing conditions.
J.P. Morgan Securities LLC and Citigroup Global Markets Inc. are acting as joint book-running managers for the offering and as representatives of the underwriters. Barclays Capital Inc., Deutsche Bank Securities Inc. and Morgan Stanley & Co. LLC are also acting as joint book-running managers for the offering. Wells Fargo Securities, LLC is acting as co-manager for the offering.
A registration statement on Form S-1 relating to the offering has been filed with the Commission and has been declared effective. The offering is being made only by means of a prospectus. A copy of the prospectus related to the offering may be obtained by contacting J.P. Morgan Securities LLC or Citigroup Global Markets Inc.