Follow-On Offering

Industrial
Follow-On Offering

Summary

Baird served as a co-manager in this offering

About

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:

Paul Rogalski 312.609.4912
Justin Albert 303.270.6381
Lance Lange 414.765.7079
Jeff Seaman 312.609.4687
Yong-Jae Kim 312.609.4939
Vinay Ghai +44 (0) 20 7667 8225
Industrial
Follow-On Offering
Date
December 2012
Company
Graphic Packaging Holding Company
Transaction
M&A
Sectors
Industrial
Target Location
North America

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