Wholesale Distribution

ATD proposes initial public offering

Posted on June 17, 2014

ATD Corp., the parent company of American Tire Distributors Inc., filed a registration statement with the United States Securities and Exchange Commission relating to a proposed initial public offering of its common stock on Monday, June 16, 2014.

The number of shares to be offered by ATD and its shareholders, as well as other considerations such as the price range, stock ticker symbol and listing exchange, have not yet been determined. ATD expects to use the net proceeds it receives from the offering primarily to repay a portion of its existing long-term debt.

Bank of America Merrill Lynch (Bank of America Corp.), Deutsche Bank Securities Inc. and Goldman, Sachs & Co. are acting as joint book-running managers and as representatives of the underwriters for the offering. In addition, Barclays Plc, JP Morgan Chase & Co. and UBS Investment Bank are joint book-running managers for the offering.

A registration statement relating to these securities has been filed with the SEC, but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.

The offering will be made only by means of a prospectus. Copies of the preliminary prospectus related to the offering may be obtained, when available, from any of the three companies representing the underwriters.

1. BofA Merrill Lynch, 222 Broadway, New York, NY 10038, Attention: Prospectus Department, or via email, at dg.prospectus_requests@baml.com.

2. Deutsche Bank Securities, Attention: Prospectus Group, 60 Wall Street, New York, NY 10005, via telephone: 1-800-503-4611 or via email: prospectus.cpdg@db.com.

3. Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, NY 10282, or by telephone at (866) 471-2526, facsimile at (212) 902-9316, or e-mail at prospectus-ny@ny.email.gs.com.

Related Topics: ATD financials, IPO, SEC

Comments ( 0 )
More Stories
A special pre-event European Press Conference for Tire Cologne was staged by Koelmesse GmbH late last year.
News Tire Cologne Will Address Many Important Industry Segments

The Tire Cologne has posted a schedule of events for its first trade fair, to be held in May 29 through June 1, 2018, in Cologne, Germany. Although billed as "a trade fair for tires and wheels," it is really more than that, according to show organizers.

Nokian introduced the latest version of its all-weather tire, the WR G4, to dealers at a ride-n-drive near Denver, Colo.
News Nokian Introduces Next-Generation All-Weather and Winter Tires

Nokian Tyres plc has unveiled three next-generation products: the WR G4 all-weather tire and the studless Hakkapeliitta R3 and R3 SUV winter tires.

News Dealer Tire Invests in Tire Sensor Technology

Dealer Tire LLC is a "leading" investor in a new tire sensor and data management company, Tyrata Inc., which recently ended its series A financing offer. Thanks to several investors, the company received an influx of $4.5 million.

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!