BROOKWOOD, Ala.--(BUSINESS WIRE)--Warrior Met Coal, LLC (to be converted into Warrior Met Coal, Inc.)
(“Warrior Met Coal” or the “Company”) announced today that it launched
an initial public offering of 16,666,667 shares of its common stock at
an anticipated initial offering price between $17.00 and $19.00 per
share pursuant to a registration statement on Form S-1 filed previously
with the Securities and Exchange Commission (“SEC”). All of the shares
of the Company’s common stock are being offered by the selling
stockholders named in the registration statement (the “Selling
Stockholders”). In addition, the Selling Stockholders intend to grant
the underwriters a 30-day option to purchase up to an additional
2,500,000 shares of the Company’s common stock. The shares are expected
to trade on the New York Stock Exchange under the ticker symbol “HCC.”
Credit Suisse Securities (USA) LLC, Citigroup Global Markets Inc. and
Morgan Stanley & Co. LLC are acting as lead joint book-running managers
and as representatives of the underwriters for the offering. BMO Capital
Markets Corp. and RBC Capital Markets, LLC are also acting as joint
book-running managers, and Apollo Global Securities, LLC, Clarksons
Platou Securities, Inc. and KKR Capital Markets LLC are acting as
co-managers for the offering. The offering of these securities will be
made only by means of a prospectus that meets the requirements of
Section 10 of the Securities Act of 1933. A copy of the preliminary
prospectus may be obtained from:
Credit Suisse Securities (USA) LLC
Attn: Prospectus Department
One
Madison Avenue
New York, NY 10010
Telephone: 1-800-221-1037
Email:
[email protected]
Citigroup Global Markets Inc.
c/o Broadridge Financial Solutions
1155
Long Island Avenue
Edgewood, NY 11717
Telephone: (800) 831-9146
Morgan Stanley & Co. LLC
Attn: Prospectus Department
180
Varick Street, 2nd Floor
New York, New York 10014
About Warrior Met Coal
Warrior Met Coal is a large scale, low-cost U.S. based producer and
exporter of premium metallurgical coal operating in northern Alabama.
Important Information
A registration statement relating to these securities has been filed
with the SEC but has not yet been declared effective. These securities
may not be sold nor may offers to buy be accepted prior to the time the
registration statement becomes effective. The registration statement may
be obtained free of charge at the SEC’s website at www.sec.gov
under “Warrior Met Coal, LLC” 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 the registration
or qualification under the securities laws of any such state or
jurisdiction.
Cautionary Statement Concerning Forward-Looking Statements
Certain statements contained in this press release constitute
forward-looking statements. These forward-looking statements
represent management’s expectations or beliefs concerning future events,
and it is possible that the results described in this press release will
not be achieved. These forward-looking statements are subject to
risks, uncertainties and other factors, many of which are outside of the
Company’s control, that could cause actual results to differ materially
from the results discussed in the forward-looking statements.
Any forward-looking statement speaks only as of the date on which it
is made, and, except as required by law, the Company does not undertake
any obligation to update or revise any forward-looking statement,
whether as a result of new information, future events or otherwise. New
factors emerge from time to time, and it is not possible for the Company
to predict all such factors. When considering these
forward-looking statements, you should keep in mind the risk factors and
other cautionary statements in the prospectus filed with the SEC in
connection with the Company’s initial public offering. The risk
factors and other factors noted in the Company’s prospectus could cause
its actual results to differ materially from those contained in any
forward-looking statement.
Warrior Met Coal, LLC
16243 Highway 216
Brookwood, Alabama
35444
(205) 554-6150
Contacts
Warrior Met Coal, LLC
William Stanhouse, 205-554-6131
[email protected]