Published: February 02, 2011
Masergy Communications, Inc. Announces Commencement of Initial Public Offering
PLANO, Texas - (BUSINESS WIRE) - Masergy Communications, Inc., a leading provider of managed, secure
virtualized network services to enterprises, today announced that it has
commenced an initial public offering of 7,700,000 shares of its common
stock. Of the shares in the offering, 3,850,000 shares are being offered
by the company and 3,850,000 shares are being offered by selling
stockholders. The estimated price range for the initial public offering
is $12.00 to $14.00 per share.
Masergy's common stock has been approved for listing on the New York
Stock Exchange under the symbol "MSGY." The underwriters have a 30-day
option to purchase up to an additional 1,155,000 shares of common stock
from the selling stockholders to cover over-allotments, if any. Masergy
will not receive any proceeds from the sale of shares by the selling
stockholders.
BofA Merrill Lynch and Deutsche Bank Securities Inc. will serve as joint
book-running managers for the offering, with Stifel Nicolaus Weisel and
Pacific Crest Securities LLC acting as co-managers.
The offering of these securities will be made only by means of a
prospectus. Copies of the preliminary prospectus relating to the
offering may be obtained from BofA Merrill Lynch, 4 World Financial
Center, New York, NY 10080, Attn: Prospectus Department or email dg.prospectus_requests@baml.com,
or Deutsche Bank Securities, Attention: Prospectus Department, 100 Plaza
One, Jersey City, NJ 07311, phone number (800) 503-4611 or email at prospectus.cpdg@db.com.
A registration statement related to these securities has been filed with
the Securities and Exchange Commission, but has not yet become
effective. These securities may not be sold nor may offers to buy be
accepted prior to the time the registration statement becomes effective.
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.
About Masergy
Located in Plano, Texas, Masergy Communications, Inc. provides managed,
secure virtualized network services to enterprises with complex
technology needs across multiple locations throughout the world.
MEDIA CONTACT
for Masergy
Thomas Moore, 972-499-6648
thomas.moore@hck2.com
or
INVESTOR
CONTACT
Masergy
Seth Potter, 1-855-MASERGY
(627-3749)
IR@masergy.com
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