Pricing
IPO PRICING: Premium Standard Farms
By Kansas City, MO
Jun 13, 2005, 14:30

Premium Standard Farms, Inc. (NASDAQ: PORK) announced the pricing of its initial public offering of 9,842,460 shares at an initial price to the public of $12.50 per share.  All of the shares are being sold by existing shareholders of the company. 

Morgan Stanley & Co. Incorporated is serving as the lead underwriter and the sole bookrunning manager with Credit Suisse First Boston, JP Morgan, and Piper Jaffray serving as the co-managers.

INFO SOURCES

FIRMS

Premium Standard Farms, Inc. (PSF) is one of the largest vertically integrated providers of pork products in the United States, producing consistent, high quality pork products for the retail, wholesale, foodservice, further processor, and export markets.  It has approximately 4,100 employees working at farms and processing facilities in Missouri, North Carolina, and Texas.

LINKED TO

ContiGroup Companies, Inc.; Metalmark Capital; Morgan Stanley Capital Partners; Oaktree Capital Management, LLC