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Vince prices secondary public offering at $34.50/share
26
Jun '14
Vince Holding Corp., a leading contemporary fashion brand, announced the pricing of a secondary public offering of 4,326,308 shares (increased from 3,550,373 shares) of common stock at a public offering price of $34.50 per share. The shares being offered are being sold by certain selling stockholders, including affiliates of Sun Capital Partners, Inc., the Company's majority stockholders. 
 
In addition, the underwriters have a 30-day option to purchase up to an additional 648,946 shares (increased from 532,555 shares) of common stock from the selling stockholders. The offering is expected to close on or around July 1, 2014. The Company will not receive any proceeds from this offering. 
 
BofA Merrill Lynch and Robert W. Baird & Co. Incorporated are acting as joint book-running managers of the offering, and BofA Merrill Lynch and Robert W. Baird & Co. Incorporated are the representatives of the underwriters. In addition, Goldman, Sachs & Co., Barclays Capital Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC are joint book-running managers in the offering.
 
About Vince
Founded in 2002, Vince is a leading contemporary fashion brand known for its modern effortless style and everyday luxury essentials. The company offers a broad range of women's and men's ready-to-wear including its signature cashmere sweaters, leather jackets, luxe leggings, dresses, silk and woven tops, denim and footwear. Vince is carried in 2,350 stores across 47 countries and operates 24 full-price retail locations, six outlet stores and its e-commerce site.
 

Vince Holding Corp

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