Burger King Prices Secondary Offering of Common Stock

By: Burger King | 4 Shares 153 Reads

MIAMI--(BUSINESS WIRE)--Nov. 14, 2007--Burger King Holdings Inc. (NYSE:BKC) today announced the pricing of a secondary offering of 18 million shares of its common stock being offered by certain selling shareholders at a price to the public of $25.00 per share.

In addition, the selling shareholders have granted the underwriters an option to purchase up to an additional 2.7 million shares of common stock. The selling shareholders are private equity funds controlled by TPG Capital, the Goldman Sachs Funds, Bain Capital Partners and certain charities that received shares of common stock from Bain Capital Partners or its affiliates. Burger King Holdings will not receive any proceeds from the sale.

The shares are being offered through Goldman, Sachs & Co., J.P. Morgan Securities Inc. and Morgan Stanley & Co. Inc., as joint book-running managers for the offering, and Banc of America Securities LLC, Bear, Stearns & Co. Inc., Citigroup Global Markets Inc., Wachovia Capital Markets LLC and The Williams Capital Group L.P. as co-managers of the offering.

This release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sales 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.

The shares of common stock offered by the selling shareholders are registered pursuant to the Company's automatic shelf registration statement which became effective upon filing with the Securities and Exchange Commission. The offering is being made by means of a prospectus supplement and an accompanying base prospectus, copies of which may be obtained by contacting any of the following book-running managers:

Goldman, Sachs & Co.
85 Broad Street
New York, NY 10004
Fax: 212-902-9316
E-mail: prospectus-ny@ny.email.gs.com

J.P. Morgan Securities Inc.
4 Chase Metrotech Center, CS Level
Brooklyn, NY 11245
Attention: Chase Distribution & Support Service Northeast Statement Processing
Phone: 718-242-8002

Morgan Stanley & Co. Incorporated
180 Varick Street 2/F
New York, NY 10014
Email: prospectus@morganstanley.com
Phone: 1-866-718-1649

About Burger King Holdings Inc.

The BURGER KING® system operates more than 11,200 restaurants in all 50 states and in more than 69 countries and U.S. territories worldwide. Approximately 90 percent of BURGER KING® restaurants are owned and operated by independent franchisees, many of which are family-owned operations that have been in business for decades. To learn more about Burger King Holdings Inc., please visit the company's Web site at www.bk.com

CONTACT: Burger King Holdings Inc., Miami
BKC Media Relations
Keva Silversmith, 305-378-7288
ksilversmith@whopper.com
or
BKC Investor Relations
Amy Wagner, 305-378-7696
awagner@whopper.com

SOURCE: Burger King Holdings Inc.