Francesca's Holdings Corporation Announces Follow-On Offering of 9,000,000 Shares of Common Stock
April 04 2012 - 6:15PM
Francesca's Holdings Corporation (Nasdaq:FRAN) today announced a
follow-on offering of 9,000,000 shares of its common stock. All
9,000,000 shares are being offered by selling stockholders, which
includes certain members of management and directors of Francesca's
Holdings Corporation and certain affiliates of CCMP Capital
Advisors, LLC. In addition, the selling stockholders have granted
the underwriters a 30-day option to purchase up to an additional
1,350,000 shares of common stock. Francesca's Holdings Corporation
will not receive any proceeds from the sale of shares in this
offering.
Goldman, Sachs & Co., J.P. Morgan Securities LLC and
Jefferies & Company, Inc. are acting as joint bookrunners for
the offering, and RBC Capital Markets, LLC, Stifel, Nicolaus &
Company, Incorporated and KeyBanc Capital Markets Inc. are acting
as co-managers. The offering will be made only by means of a
written prospectus, copies of which may be obtained by contacting:
Prospectus Department, Goldman, Sachs & Co., 200 West Street,
New York, New York 10282, by calling toll-free (866) 471-2526, by
facsimile (212) 902-9316 or by email to
prospectus-ny@ny.email.gs.com; Prospectus Department, J.P. Morgan
Securities LLC, Broadridge Financial Solutions, 1155 Long Island
Avenue, Edgewood, New York 11717 or by calling toll-free (866)
803-9204; or Equity Syndicate Prospectus Department, Jefferies
& Company, Inc., 520 Madison Avenue, 12th Floor, New York, New
York 10022, by calling toll-free (877) 547-6340 or by email to
prospectus_department@jefferies.com.
A registration statement relating to shares of the common stock
of Francesca's Holdings Corporation has been filed with the
Securities and Exchange 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.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such an
offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such state or
jurisdiction.
About Francesca's Holdings Corporation
Francesca's Collections, a wholly owned indirect subsidiary of
Francesca's Holdings Corporation, is a growing specialty retailer
with boutiques designed and merchandised to feel like independently
owned, upscale boutiques and provide customers with an inviting,
intimate and differentiated shopping experience. The assortment is
made up of a diverse and uniquely balanced mix of high-quality,
trend-right apparel, jewelry, accessories and gifts at attractive
prices. Francesca's Collections appeals to the 18-35 year-old,
fashion conscious, female customer, although Francesca's
Collections finds that women of all ages are attracted to the
eclectic and sophisticated merchandise selection and boutique
setting. The boutiques carry a broad selection but limited
quantities of individual styles and new merchandise is introduced
five days a week to create a sense of scarcity and newness.
CONTACT: Francesca's Collections
ICR, Inc.
Jean Fontana/Joseph Teklits
203-682-8200
jean.fontana@icrinc.com
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