Renaissance Capital logo

Metal and plastic container maker BWAY Holding prices 10mm shares below the range

June 13, 2007
BWY

BWAY Holding Company, a maker of metal and plastic containers, priced roughly 10 million shares (1.7 million fewer shares than expected) at $15, a 12% discount to its proposed $16-$18 range. Goldman Sachs and Banc of America acted as joint book-running managers for the offering, and the stock is expected to commence trading on the NYSE on Wednesday morning.