For Immediate Release: November 5, 2013
BOISE, Idaho - Boise Cascade Company (Boise Cascade) (BCC) today announced the launch of a public offering of 8,000,000 shares of its common stock held by Boise Cascade Holdings, L.L.C. ("BC Holdings") pursuant to a registration statement on Form S-1 filed with the Securities and Exchange Commission (the "Commission"). BC Holdings will be the sole selling stockholder and will also grant the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of common stock. Boise Cascade Company will not receive any of the proceeds from the sale of the shares of common stock.
BofA Merrill Lynch, Goldman, Sachs & Co., Deutsche Bank Securities, J.P. Morgan and Wells Fargo Securities are acting as joint book-running managers for the offering. Citigroup, D.A. Davidson & Co. and Moelis & Company are serving as co-managers for the offering.
The registration statement on Form S-1 relating to these securities has been filed with the Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. Copies of the registration statement can be accessed through the Commission`s website at www.sec.gov. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The offering will be made only by means of a prospectus. Copies of the preliminary prospectus related to the offering may be obtained from BofA Merrill Lynch at 222 Broadway, New York, NY 10038, Attn: Prospectus Department or by emailing email@example.com or from Goldman, Sachs & Co., Prospectus Department, 200 West Street, New York, NY 10282 or by emailing firstname.lastname@example.org.
About Boise Cascade
Boise Cascade is a large, vertically-integrated wood products manufacturer and building materials distributor with widespread operations in the United States and Canada. Boise Cascade is headquartered in Boise, Idaho.
This press release contains forward-looking statements, which are subject to substantial risks, uncertainties and assumptions. You should not place reliance on these statements. Forward-looking statements include information concerning the proposed offering. These statements often include words such as "believe," "expect," "anticipate," "intend," "plan," "estimate," "seek," "will," "may" or similar expressions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that we will effect this secondary offering or the terms upon which we will consummate the offering. Accordingly, you should not place undue reliance on these forward-looking statements. All such statements speak only as of the date made, and we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
Investor contact: Wayne Rancourt, 208-384-6073
Media contact: John Sahlberg, 208-384-6451
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Source: Boise Cascade Company via Thomson Reuters ONE