Central Garden & Pet Announces Public Offering of Class A Common Stock
August 06 2018 - 3:05PM
Business Wire
Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA)
(“Central”), announced today it has commenced a public offering,
subject to market and other conditions, of up to $200 million of
Class A common stock. In addition, Central has granted the
underwriters a 30-day option to purchase up to an additional 15% of
the number of shares of Class A common stock in the offering.
Central intends to use the net proceeds from the offering for
general corporate purposes, including funding potential
acquisitions.
BofA Merrill Lynch, J.P. Morgan, BMO Capital Markets and
SunTrust Robinson Humphrey will serve as joint book-running
managers for the offering, and Barclays and KeyBanc Capital Markets
will serve as co-managers.
Copies of the prospectus relating to the offering may be
obtained by contacting BofA Merrill Lynch, NC1-004-03-43, 200 North
College Street, 3rd Floor, Charlotte, NC 28255-0001, Attention:
Prospectus Department; J.P. Morgan, 1155 Long Island Avenue,
Edgewood, NY 11717, Attention: Broadridge Financial Solutions or by
calling (866) 803-9204; BMO Capital Markets, 3 Times Square, New
York, NY 10036, Attention: Equity Syndicate Desk or by calling
(800) 414-3627; or SunTrust Robinson Humphrey, 3333 Peachtree Road
NE, 9th Floor, Atlanta, GA 30326, Attention: Prospectus Department
or by emailing strh.prospectus@suntrust.com or calling (404)
926-5744. The prospectus may also be obtained from the U.S.
Securities and Exchange Commission’s website at
http://www.sec.gov.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy any securities. Offers of
securities will be made only by means of a prospectus filed with
the U.S. Securities and Exchange Commission. The prospectus is part
of a shelf registration statement that has become effective under
the Securities Act of 1933, as amended.
About Central Garden & Pet
Central Garden & Pet Company is a leading innovator,
producer and distributor of branded and private label products for
the lawn & garden and pet supplies markets. Committed to new
product innovation, our products are sold to specialty independent
and mass retailers. Participating categories in Lawn & Garden
include: Grass seed and the brands PENNINGTON®, and THE REBELS®;
wild bird feed and the brand PENNINGTON®; weed and insect control
and the brands AMDRO®, SEVIN®, and OVER-N-OUT®; fertilizer and the
brands PENNINGTON® and IRONITE®; live plants from BELL NURSERY; and
decorative outdoor patio products under the PENNINGTON® brand. We
also provide a host of other regional and application-specific
garden brands and supplies. Participating categories in Pet
include: Animal health and the brands ADAMS™, COMFORT ZONE®,
FARNAM®, HORSE HEALTH™ and VITAFLEX®; aquatics and reptile and the
brands AQUEON®, CORALIFE®, SEGREST™ and ZILLA®; bird & small
animal and the brands KAYTEE®, Forti-Diet® and CRITTER TRAIL®; and
dog & cat and the brands TFH™, NYLABONE®, FOUR PAWS®, IMS®,
CADET®, DMC™, K&H Pet Products™, PINNACLE® and AVODERM®. We
also provide a host of other application-specific pet brands and
supplies. Central Garden & Pet Company is based in Walnut
Creek, California, and has approximately 5,000 employees, primarily
in North America.
“Safe Harbor” Statement under the Private
Securities Litigation Reform Act of 1995
The statements contained in this release which are not
historical facts are forward-looking statements that are subject to
risks and uncertainties that could cause actual results to differ
materially from those set forth in or implied by forward-looking
statements. These risks are described in Central’s Annual Report on
Form 10-K, filed on November 29, 2017, Central’s Quarterly Report
on Form 10-Q, filed on August 3, 2018, as well as Central’s other
U.S. Securities and Exchange Commission filings. Central undertakes
no obligation to publicly update these forward-looking statements
to reflect new information, subsequent events or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20180806005576/en/
Central Garden & Pet CompanySteve Zenker, 925-948-3657VP
Finance - Investor Relations, FP&A & Communications
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