rue21, inc. (“rue21”) today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission
(“SEC”) relating to the proposed initial public offering of its common stock. The shares of common stock to be sold in the offering and the price range for the proposed offering have not yet been determined. BofA Merrill Lynch, Goldman, Sachs & Co. and J.P.Morgan are acting as joint book-running managers and Piper Jaffray & Co. is acting as a co-manager for the proposed offering. Copies of the registration statement can be accessed through the SEC’s website.
rue21 is a rapidly growing specialty retailer featuring the newest fashions at a great value for girls and guys who want to look and feel “21”. As of August 1, 2009, rue21 operated 505 stores in 43 states. The company headquarters are located in Warrendale, PA.
The registration statement has been filed with the SEC but has not yet become effective. The Securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an 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. The proposed 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: Prospectus Department, BofA Merrill Lynch, 4 World Financial Center, New York, NY 10080; Prospectus Department, Goldman, Sachs & Co., 85 Broad Street, New York, NY 10004; J.P.Morgan, 4 Chase Metrotech Center, CS Level, Brooklyn, NY 11245 Attention: Chase Distribution & Support Service Northeast Statement Processing.
Contacts:
ICR, Inc. for rue21
Joseph Teklits, 203-682-8200
joseph.teklits@icrinc.com
