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Fri, March 25, 2011Thu, March 24, 2011Wed, March 23, 2011Tue, March 22, 2011Mon, March 21, 2011Sat, March 19, 2011Fri, March 18, 2011Thu, March 17, 2011Wed, March 16, 2011Tue, March 15, 2011Mon, March 14, 2011Fri, March 11, 2011Thu, March 10, 2011Wed, March 9, 2011Tue, March 8, 2011Mon, March 7, 2011Sun, March 6, 2011Sat, March 5, 2011Fri, March 4, 2011Thu, March 3, 2011Wed, March 2, 2011Tue, March 1, 2011Mon, February 28, 2011Sun, February 27, 2011Fri, February 25, 2011Thu, February 24, 2011Wed, February 23, 2011Tue, February 22, 2011Mon, February 21, 2011Fri, February 18, 2011Thu, February 17, 2011Wed, February 16, 2011Tue, February 15, 2011Mon, February 14, 2011Fabrinet Announces Pricing of Upsized Secondary Public Offering of Ordinary Shares
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Published in House and Home on Friday, March 4th 2011 at 11:00 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
BANGKOK--([ BUSINESS WIRE ])--Fabrinet (NYSE: FN), a provider of precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, announced today that an underwritten secondary public offering of 7,211,000 ordinary shares has been priced at $28.50 per share. All of the shares are being offered by certain selling shareholders, and Fabrinet will not receive any proceeds from the offering. The size of the offering was increased from the previously announced 6,000,000 ordinary shares. The underwriters will have an option to purchase up to 1,081,650 ordinary shares from the selling shareholders to cover over-allotments, if any. The offering is expected to close on March 9, 2011, subject to customary closing conditions.
Morgan Stanley& Co. International plc and J.P. Morgan Securities LLC acted as joint book-runners for the offering, and Stifel Nicolaus & Company, Incorporated and Cowen and Company, LLC acted as co-managers for the offering.
A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on March 3, 2011. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor may 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.
A copy of the prospectus relating to these securities may be obtained for free by visiting EDGAR on the SEC website at [ www.sec.gov ] or by contacting Morgan Stanley, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, by calling 1-866-718-1649, or by emailing [ prospectus@morganstanley.com ]; or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by calling toll-free at 1-866-803-9204.
About Fabrinet
Fabrinet provides precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, such as optical communication components, modules and sub-systems, industrial lasers and sensors. Fabrinet offers a broad range of advanced optical and electro-mechanical capabilities across the entire manufacturing process, including process design and engineering, supply chain management, manufacturing, final assembly and test. Fabrinet focuses on production of high complexity products in any mix and any volume. Fabrinet maintains engineering and manufacturing resources and facilities in Thailand, the People's Republic of China and the United States.
