Nord Anglia Education, Inc. Announces Pricing of Initial Public Offering

Disclosure: Long $NORD    

Press Release: Nord Anglia
Education, Inc. Announces
Pricing of Initial Public Offering
of Ordinary Shares
Mar 26 at 01:18


      Nord Anglia Education, Inc. Announces Pricing of Initial Public Offering
of Ordinary Shares
      PR Newswire
      HONG KONG, March 26, 2014
      HONG KONG, March 26, 2014 /PRNewswire/ -- Nord Anglia Education, Inc.
(NYSE: NORD) today announced the pricing of its initial public offering of
19,000,000 ordinary shares at a price of $16.00 per share on March 25, 2014.
The ordinary shares are expected to begin trading on the New York Stock Exchange
on March 26, 2014 under the symbol "NORD." The underwriters have an option to
purchase up to an additional 2,850,000 ordinary shares from the company at the
same price to cover over-allotments. The offering is expected to close on or
about March 31, 2014, subject to customary closing conditions.
      The offering is being made through an underwriting group led by Credit
Suisse Securities (USA) LLC, Goldman, Sachs & Co. and J.P. Morgan Securities
LLC, which are acting as lead book-running managers. Additional book-running
managers are Barclays Capital Inc., Deutsche Bank Securities Inc., RBC Capital
Markets, LLC and BMO Capital Markets Corp. The co-managers for the offering are
HSBC Securities (USA) Inc. and William Blair & Company, L.L.C.

      A registration statement relating to these securities has been declared
effective by the U.S. Securities and Exchange Commission.
      Copies of the prospectus related to the offering may be obtained from (i)
Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One
Madison Avenue, New York, New York, 10010, or by telephone at +1 (800) 221-1037,
or by email at newyork.prospectus@credit-suisse.com, (ii) Goldman, Sachs & Co.,
Attention: Prospectus Department, 200 West Street, New York, NY, 10282, or by
telephone at +1 (866) 471-2526, or by email at prospectus-ny@ny.email.gs.com or
(iii) J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long
Island Ave., Edgewood, NY 11717, or by telephone at +1 (866) 803-9204.
      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 an offer, solicitation or
sale would be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
      About Nord Anglia Education
      Nord Anglia Education is a leading international operator of premium
schools. Founded in 1972, we teach over 17,000 students from kindergarten
through the end of secondary school at our 27 premium schools in China, Europe,
the Middle East and Southeast Asia and North America.
      SOURCE Nord Anglia Education, Inc.
      /CONTACT: (Investor Relations) Vanessa Cardonnel, Corporate Finance and IR
Director, Nord Anglia Education, + 852-3977-0791, Vanessa.Cardonnel@
nordanglia.com; (Investor Relations) Kevin Doherty, Director, Investor
Relations, Solebury Communications, + 203-428-3233, kdoherty@soleburyir.com;
(Media) AJ Goodman, Senior Vice President, Media Relations, Ketchum, Inc., +
646-935-4123, AJ.Goodman@ketchum.com