Content about Stock Building Supply Holdings

August 15, 2013

Raleigh, N.C.-based pro dealer Stock Building Supply Holdings set its initial public offering pricing at $14 per share.

The company said it expects to receive proceeds, net of underwriting discounts and commissions, of approximately $57.4 million from the offering. Stock said it intends to use the proceeds to pay about $46.2 million of the outstanding balances under the revolving line of credit under its secured credit agreement and to pay fees and expenses related to the offering.

June 14, 2013

Raleigh, N.C.-based Stock Building Supply Holdings announced a plan Friday afternoon to go public.

The number of shares to be offered and the price range for the offering have not yet been determined.

Some of the biggest names on Wall Street are lined up to assist the transaction. Goldman, Sachs & Co., Barclays Capital Inc. and Citigroup Global Markets Inc. will serve as joint bookrunning managers in the proposed offering. Robert W. Baird & Co. Incorporated will act as lead comanager, and Stephens Inc. and Wells Fargo Securities will act as co-managers.