initial public offerings (IPOs) trading on American exchanges

Friday, November 11, 2011

Mattress Firm sets pricing terms for $100 million IPO

IPO Profile
  • Expected Date: Week of 11/14/11
  • IPO File Date: 06/10/11
  • Deal Size: $100.0 mm
  • Price Range: $17 - $19
  • Shares Offered: 5.6 mm
  • Lead Manager(s): Barclays Capital, UBS Investment Bank, William Blair

Mattress Firm Holding Corp filed with U.S. regulators to sell 5.56 million common shares at an anticipated price of $17-$19 apiece in an initial public offering.

The specialty bedding retailer had filed with the U.S. Securities and Exchange Commission in June to raise up to $115 million in the initial public offering.

Barclays Capital, UBS Investment Bank, and William Blair are underwriting the IPO.

The company, which along with its franchisees operates more than 680 stores in 23 states, plans to list its shares on Nasdaq under the symbol "MFRM" and will use proceeds from the offering to repay debt.

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