DALLAS - The Container Store Group, Inc. announced today the pricing of its initial public offering of 12,500,000 shares of its common stock at a price to the public of $18.00 per share. The shares will be listed on the New York Stock Exchange and will trade under the ticker symbol "TCS" beginning on November 1, 2013. The Container Store Group, Inc. is offering all 12,500,000 shares of common stock. The underwriters also have a 30-day option to purchase up to an additional 1,875,000 shares from the Company.

J.P. Morgan, Barclays, Credit Suisse, Morgan Stanley, BofA Merrill Lynch, Wells Fargo Securities and Jefferies are acting as joint book-running managers of the proposed offering, and Guggenheim Securities is acting as co-manager.

A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission. This press release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The registration statement on Form S-1 may be accessed through the SEC's website at http://edgar.sec.gov.

The offering of these securities will be made only by means of a prospectus, copies of which may be obtained from the offices of: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by calling toll-free at 1-866-803-9204; Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (888) 603-5847 or by e-mail at Barclaysprospectus@broadridge.com; Credit Suisse Securities (USA) LLC, One Madison Avenue, New York, NY 10014, Attention: Prospectus Department, by telephone at 1-800-221-1037 or by e-mail at newyork.prospectus@credit-suisse.com; Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, by telephone at 866-718-1649 or by email at prospectus@morganstanley.com; BofA Merrill Lynch, 222 Broadway, New York, NY 10038, Attn: Prospectus Department or by email at dg.prospectus_requests@baml.com; Wells Fargo Securities, LLC, 375 Park Avenue, New York, NY 10152, Attn: Equity Syndication Department, by telephone at 800-326-5897 or by email at cmclientsupport@wellsfargo.com; or Jefferies LLC, 520 Madison Avenue, 12th Floor New York, NY 10022, Attn: Equity Syndicate Prospectus Department, by telephone at (877) 547-6340 or by e-mail at prospectus_department@jefferies.com.

About The Container Store

The Container Store is the leading specialty retailer of storage and organizational products in the United States. The Container Store's employee-first culture has landed the retailer on FORTUNE Magazine's annual list of "100 Best Companies To Work For(R)" for the past 14 years.

Source: The Container Store Group, Inc.

 

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