Initial Public Offering

Industrial
Initial Public Offering

Summary

Baird served as co-manager in this offering

About

Graham Packaging Company Inc. (“Graham” or “the Company”) (NYSE:GRM) recently completed an initial public offering of 16,666,667 shares of its common stock at $10.00 per share, generating gross proceeds of $166.7 million for the Company. The underwriters have a 30-day option to purchase up to an additional 2,500,000 shares from the Company.

Graham intends to use the net proceeds of the offering to repay a portion of its indebtedness and pay a one-time termination fee under Graham's Monitoring Agreement. Any additional proceeds received as a result of the exercise of the underwriters' option to purchase additional shares will be used to repay additional indebtedness.

Graham, a portfolio company of the Blackstone Group, is a leading U.S. supplier of plastic containers for hot-fill juice and juice drinks, sports drinks, drinkable yogurt and smoothies, nutritional supplements, wide-mouth food, dressings, condiments and beers; the leading global supplier of plastic containers for yogurt drinks; a leading supplier of plastic containers for liquid fabric care products, dish care products and hard-surface cleaners; and the leading supplier in the U.S., Canada and Brazil of one-quart/liter plastic motor oil containers.

The Baird team included our dedicated industry bankers and members of our Financial Sponsors and Equity Capital Markets group.

For additional information about this transaction, please contact:

Justin Albert (312) 609-4995
Paul Rogalski (312) 609-4912
Tom Lacy (414) 298-7648
Industrial
Initial Public Offering
Date
February 2010
Company
Graham Packaging Company, Inc.
Transaction
M&A
Sectors
Industrial
Target Location
North America

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