Warner Chilcott Announces Pricing of its Initial Public Offering
September 21 2006 - 8:00AM
PR Newswire (US)
HAMILTON, Bermuda, Sept. 21 /PRNewswire-FirstCall/ -- Warner
Chilcott Limited today announced the pricing of its initial public
offering of 70,600,000 shares of common stock, at a price of $15
per share. The shares will be listed on the Nasdaq Global Select
Market and will trade under the symbol "WCRX" beginning September
21, 2006. The 70,600,000 shares will be sold by the Company. The
underwriters have an option to purchase up to an additional
7,060,000 shares from the selling stockholders at the initial
public offering price less the underwriting discount. The Company
will not receive any proceeds from a sale of the shares by the
selling stockholders if the underwriters exercise their option to
purchase additional shares. Goldman, Sachs & Co., Credit Suisse
Securities (USA) LLC, J.P. Morgan Securities Inc. and Morgan
Stanley have acted as joint book-running managers for the offering.
A copy of the final prospectus relating to these securities may be
obtained, when available, from: Goldman, Sachs & Co., Attn:
Prospectus Department, 85 Broad Street, New York, NY 10004 via fax
at (212) 902-9316 or email at . This 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 in which such
offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such State. The
Company Warner Chilcott is a leading specialty pharmaceutical
company focused on marketing, selling, developing and manufacturing
branded prescription products in women's healthcare and dermatology
in the United States. DATASOURCE: Warner Chilcott CONTACT: Paul
Herendeen, Chief Financial Officer of Warner Chilcott,
+1-973-442-3200, Web site: http://www.wclabs.com/
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