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Week of Expected Pricing 10/11/2023
Company Name BIRKENSTOCK HOLDING LTD
Proposed Ticker BIRK
CUSIP M2029K104
Business Description BIRKENSTOCK BIRKENSTOCK is a revered global brand rooted in function, quality and tradition dating back to 1774. We are guided by a simple, yet fundamental insight: human beings are intended to walk barefoot on natural, yielding ground, a concept we refer to as “Naturgewolltes Gehen.” Our purpose is to empower all people to walk as intended by nature. The legendary BIRKENSTOCK footbed represents the bestalternative to walking barefoot, encouraging proper foot health by evenly distributing weight and reducing pressure points and friction. We believe our function-first approach is universally relevant; all humans — anywhere and everywhere — deserve to walk in our footbed.
Lead Underwriter Goldman Sachs & Co. LLC,J.P. Morgan Securities LLC,Morgan Stanley & Co. LLC
Co-Managers Academy Securities, inc, BMO Capital Markets Corp, NP Paribas Securities Corp,BofA Securities, Inc,Citigroup Global Markets Inc,Deutsche BankCitigroup Global Markets Inc,Deutsche Bank Securities Inc,Evercore Group L.L.C,HSBC Securities (USA) Inc,Jefferies LLC,Piper Sandler & Co,Robert W. Baird & Co. Incorporated,Sanford C. Bernstein and Co., Inc,Stifel Nicolaus & Company, Incorporated,Telsey Advisory Group, LLC,UBS Investment Bank,William Blair & Company, L.L.C.,Williams Trading, LLC.
Initial Shares 1,07,52,688
Revised Initial Shares 3,22,58,064
Initial Price $44.00-$49.00
Revised Price $46.00-$46.00
Final Price $46.00
Final Ticker BIRK

 

 

   
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