Continental Building Products Announces Pricing of Secondary Public Offering at $14.75 Per Share

HERNDON, Va.--()--Continental Building Products, Inc. (NYSE:CBPX) (the “Company”), a manufacturer of gypsum wallboard and complementary finishing products, announced today the pricing of a registered secondary public offering of 7,000,000 shares of common stock at a price of $14.75 per share. All shares are being sold by the Company’s largest stockholder, an affiliate of Lone Star Funds. The underwriters have a 30-day option to purchase up to an additional 1,050,000 shares of common stock from the selling stockholder. The Company will not receive any proceeds from the sale of these shares. The offering is expected to close on November 25, 2014.

Citigroup, Credit Suisse Securities, RBC Capital Markets, Barclays and Deutsche Bank Securities are acting as joint book-running managers for the offering. BB&T Capital Markets, a division of BB&T Securities, LLC, and SunTrust Robinson Humphrey are acting as co-managers for the offering. The offering of these securities is being made only by means of a prospectus. Copies of the prospectus relating to the offering may be obtained from:

      Citigroup Global Markets Inc.       Credit Suisse Securities (USA) LLC
Attn: Broadridge Financial Solutions Attn: Prospectus Department
1155 Long Island Avenue One Madison Avenue
Edgewood, NY 11717 New York, NY 10010

Email: batprospectusdept@citi.com

Email: newyork.prospectus@credit-suisse.com

Phone: (800) 831-9146

Phone: (800) 221-1037

 
RBC Capital Markets LLC Barclays Capital Inc.
Attn: Equity Syndicate Attn: Broadridge Financial Solutions
Three World Financial Center 1155 Long Island Avenue
200 Vesey Street, 8th Floor Edgewood, NY 11717
New York, NY 10281-8098

Email: barclaysprospectus@broadridge.com

Phone: (877) 822-4089

Phone: (888) 603-5847

 

Deutsche Bank Securities Inc.
Attn: Prospectus Department
60 Wall Street
New York, NY 10005-2836

Email: prospectus.cpdg@db.com

Phone: (800) 503-4611
 

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on November 19, 2014. This press release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Continental Building Products

Continental Building Products is a manufacturer of gypsum wallboard and complementary finishing products. The Company is headquartered in Herndon, Virginia with operations serving the residential, commercial and repair and remodel construction markets in the eastern United States and eastern Canada.

Forward‐Looking Statements

This press release contains forward-looking statements. Forward-looking statements may be identified by the use of words such as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on historical information available at the time the statements are made and are based on management’s reasonable belief or expectations with respect to future events, and are subject to risks and uncertainties, many of which are beyond the Company’s control, that could cause actual performance or results to differ materially from the belief or expectations expressed in or suggested by the forward-looking statements. Forward-looking statements speak only as of the date on which they are made and the Company undertakes no obligation to update any forward-looking statement to reflect future events, developments or otherwise, except as may be required by applicable law. Investors are referred to the Company’s registration statement for additional information regarding the risks and uncertainties that may cause actual results to differ materially from those expressed in any forward-looking statement

Contacts

Continental Building Products
Investor Relations:
703-480-3980
Investorrelations@continental-bp.com

Contacts

Continental Building Products
Investor Relations:
703-480-3980
Investorrelations@continental-bp.com