BANGKOK, Mar 04, 2011 (BUSINESS WIRE) -- Fabrinet (NYSE: FN), a provider of precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, announced today that an underwritten secondary public offering of 7,211,000 ordinary shares has been priced at $28.50 per share. All of the shares are being offered by certain selling shareholders, and Fabrinet will not receive any proceeds from the offering. The size of the offering was increased from the previously announced 6,000,000 ordinary shares. The underwriters will have an option to purchase up to 1,081,650 ordinary shares from the selling shareholders to cover over-allotments, if any. The offering is expected to close on March 9, 2011, subject to customary closing conditions.
Morgan Stanley & Co. International plc and J.P. Morgan Securities LLC acted as joint book-runners for the offering, and Stifel Nicolaus & Company, Incorporated and Cowen and Company, LLC acted as co-managers for the offering.
A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on March 3, 2011. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor may 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.
A copy of the prospectus relating to these securities may be obtained for free by visiting EDGAR on the SEC website at www.sec.gov or by contacting Morgan Stanley, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, by calling 1-866-718-1649, or by emailing prospectus@morganstanley.com; or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by calling toll-free at 1-866-803-9204.
About Fabrinet
Fabrinet provides precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, such as optical communication components, modules and sub-systems, industrial lasers and sensors. Fabrinet offers a broad range of advanced optical and electro-mechanical capabilities across the entire manufacturing process, including process design and engineering, supply chain management, manufacturing, final assembly and test. Fabrinet focuses on production of high complexity products in any mix and any volume. Fabrinet maintains engineering and manufacturing resources and facilities in Thailand, the People's Republic of China and the United States.
SOURCE: Fabrinet
Investors:
ICR, Inc.
Abhi Kanitkar, 617-956-6735
ir@fabrinet.com
or
Media:
Crowley Communications
Pam Crowley, 408-529-9655
pamc@crowleypr.com