ST. PETERS, Mo., Jan. 14, 2015 (GLOBE NEWSWIRE) -- SunEdison Semiconductor Limited ("SunEdison Semiconductor") announced today the pricing of a secondary underwritten public offering of 15,000,000 ordinary shares on behalf of selling shareholders at a price to the public of $15.19 per share. The underwriters have a 30-day option to purchase up to an additional 2,250,000 shares of common stock from the selling stockholders at the public offering price, less underwriting discounts. SunEdison Semiconductor will not receive any of the proceeds from the sale of the ordinary shares. The offering is expected to close January 20, 2015.
Deutsche Bank Securities Inc. is serving as lead book-running manager for the offering. Barclays Capital Inc., Goldman, Sachs & Co., Macquarie Capital (USA) Inc. and Morgan Stanley & Co. LLC are also serving as book-running managers for the offering.
A registration statement relating to this offering was declared effective by the Securities and Exchange Commission on January 13, 2015. Before investing in such securities, you should read the prospectus and other documents filed with the Securities and Exchange Commission for information about SunEdison Semiconductor and the offering by selling shareholders. Copies of the prospectus may be obtained from: Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, telephone: (800) 503-4611, email: prospectus.cpdg@db.com; Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: 1 (888) 603-5847, email: barclaysprospectus@broadridge.com; Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, NY 10282, telephone: (866) 471-2526, email: prospectus-ny@gs.com; Macquarie Capital (USA) Inc., Attention: Prospectus Department, 125 West 55th Street, 22nd Floor, New York, NY 10019, telephone: (888) 268-3937, email: us.prospectus@macquarie.com; or Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014. You may also obtain the prospectus free of charge by visiting the Securities and Exchange Commission's website at www.sec.gov .
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.
About SunEdison Semiconductor
SunEdison Semiconductor is a global leader in the development, manufacture and sale of silicon wafers to the semiconductor industry.
Forward-Looking Statements
This press release includes "forward-looking statements," including with respect to the public offering. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond our control. We caution you that the forward-looking information presented in this press release is not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking information contained in this press release. Any forward‑looking information presented herein is made only as of the date of this press release, and we do not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.
Investor Relations / Media Contact Chris Chaney Director, Investor Relations and Corporate Communications (636) 474-5226
