Masonite files for $150 million IPO
March 4, 2013
Masonite International Corp. filed a registration statement with the U.S. Securities and Exchange Commission, last week, relating to a proposed initial public offering of its common shares. In connection with the proposed offering, the company intends to apply for listing of its common shares on the New York Stock Exchange.
The designer and manufacturer of doors for residential and commercial buildings filed on February 27 with the SEC to raise up to $150 million in an initial public offering. Masonite, which booked $1.7 billion in sales for the 12 months ended 12/31/2012, plans to list on the NYSE under the symbol DOOR. Deutsche Bank, Barclays and BofA Merrill Lynch are the joint bookrunners on the deal. No pricing terms were disclosed.