Here's the Deal
 

Baird's Investment Banking Group is pleased to announce the following transaction:

December 2012


Graphic Packaging Holding Company
Follow-On Offering
$129.8 Million


Baird served as a co-manager in this offering


Graphic Packaging Holding Company (NYSE: GPK) (“Graphic Packaging” or the “Company”) recently completed a follow-on offering of 21,275,000 shares of its common stock at a price of $6.10 per share, generating gross proceeds of approximately $129.78 million. All of the shares sold in this offering were from selling shareholders. The Company did not receive any proceeds from the offering.

Concurrent with the closing of the offering, the Company also repurchased 49,180,327 shares of its common stock from the selling shareholders. The Company purchased these shares from the selling shareholders at a price per share equal to the public offering price of $6.10. The Company entered into an amendment to its existing credit agreement to provide for an incremental term loan to fund the share repurchase.

Graphic Packaging is a leading provider of packaging solutions for a wide variety of products to food, beverage and other consumer products companies. The Company is one of the largest producers of folding cartons and holds a leading market position in coated-unbleached kraft, coated-recycled boxboard, multi-wall bags and specialty packaging. Graphic Packaging is headquartered in Atlanta, Georgia.

For additional information about this transaction, please contact:
Managing Director, Head of Industrial Group
312.609.4912
Managing Director
303.270.6381
Managing Director
414.765.7079
Managing Director
312.609.4687
Managing Director
+44 (0) 20 7667 8225
Vice President
312.609.4939

Social Icons

Careers|Help|Site Map|Important Disclosures|Privacy Policy|Financial Information|Business Continuity
©2013 Robert W. Baird & Co. Incorporated.
Global Websites: Europe | Asia
The services featured on this Web site may not be available in all jurisdictions or to all persons/entities. For more information, please see Important Disclosures. Robert W. Baird & Co. Incorporated. Member SIPC.