NEW YORK--(BUSINESS WIRE)--
Moelis & Company (the “Company”) (NYSE:MC), a leading global independent
investment bank, today announced the pricing of its initial public
offering of 6,500,000 shares of its Class A common stock at a price to
the public of $25.00 per share. Additionally, the Company has granted
the underwriters a 30-day option to purchase up to an additional 975,000
shares of Class A common stock from the Company at the initial public
offering price, less underwriting discounts and commissions. The
Company’s shares of Class A common stock are expected to begin trading
on the New York Stock Exchange on April 16, 2014 under the ticker symbol
“MC.” The offering is expected to close on or about April 22, 2014
subject to satisfaction of customary closing conditions.
Goldman, Sachs & Co. and Morgan Stanley & Co. LLC are acting as lead
joint book-running managers for the offering. Moelis & Company LLC, J.P.
Morgan Securities LLC and UBS Securities LLC are acting as joint
book-running managers for the offering. Keefe, Bruyette & Woods, Inc.,
Sanford C. Bernstein & Co., LLC and JMP Securities LLC are acting as
co-managers for the offering.
The offering is being made only by means of a prospectus. A copy of the
final prospectus related to the offering may be obtained, when
available, from Goldman, Sachs & Co., Attention: Prospectus Department,
200 West Street, New York, New York 10282, telephone: 1-866-471-2526,
email: Prospectus-ny@ny.email.gs.com,
or from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180
Varick Street, 2nd Floor, New York, New York 10014,
telephone: 1-866-718-1649, email: prospectus@morganstanley.com.
A registration statement relating to these securities has been filed
with the U.S. Securities and Exchange Commission and was declared
effective on April 15, 2014. This press release shall not constitute an
offer to sell or the solicitation of any 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 Moelis & Company
Moelis & Company is a leading global independent investment bank that
provides innovative strategic advice and solutions to a diverse client
base, including corporations, governments and financial sponsors. The
firm assists its clients in achieving their strategic goals by offering
comprehensive integrated financial advisory services across all major
industry sectors. Moelis & Company’s experienced professionals advise
clients on their most critical decisions, including mergers and
acquisitions, recapitalizations and restructurings and other corporate
finance matters. The firm serves it clients with nearly 500 employees
based in 15 offices in North and South America, Europe, the Middle East,
Asia and Australia.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of the “safe harbor” provisions of the United States Private
Securities Litigation Reform Act of 1995, which reflect the Company’s
current views with respect to, among other things, its operations and
financial performance. You can identify these forward-looking statements
by the use of words such as “outlook”, “believes”, “expects”,
“potential”, “continues”, “may”, “will”, “should”, “seeks”,
“approximately”, “predicts”, “intends”, “plans”, “estimates”,
“anticipates”, or the negative version of these words or other
comparable words. Such forward-looking statements are subject to various
risks and uncertainties. Accordingly, there are or will be important
factors that could cause actual outcomes or results to differ materially
from those indicated in these statements. We undertake no obligation to
publicly update or review any forward-looking statement, whether as a
result of new information, future developments or otherwise. A further
list and description of these risks, uncertainties and other factors can
be found in the Company’s Registration Statement on Form S-1, as
amended, filed with the U.S. Securities and Exchange Commission. This
filing and subsequent filings are available online at www.sec.gov
or on request from the Company.
Moelis & Company
Investor Relations:
Kate Pilcher
Ciafone
t: + 1 212-883-3807
kate.ciafone@moelis.com
or
Media:
Andrea
Hurst
t: + 1 212-883-3666
m: + 1 347-583-9705
andrea.hurst@moelis.com
Source: Moelis & Company