CHARLOTTE, N.C. – ATD Corp. (ATD), parent company of American Tire Distributors, has publicly filed a registration statement with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering of its common stock.
The numbers of shares to be offered by ATD and its shareholders, as well as other considerations such as the price range, stock ticker symbol and listing exchange, have not yet been determined. ATD expects to use the net proceeds it receives from the offering primarily to repay a portion of its existing long-term debt.
BofA Merrill Lynch, Deutsche Bank Securities and Goldman, Sachs & Co. are acting as joint book-running managers and as representatives of the underwriters for the offering. In addition, Barclays, J.P. Morgan and UBS Investment Bank are joint book-running managers for the offering.
A registration statement relating to these securities has been filed with the SEC but has not yet become effective.
