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Burlington Stores Inc. closes $260M IPO


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Burlington-based Burlington Stores Inc. announced Monday the closing of its initial public offering. More than 13 million shares, plus the 2 million made available as options to the underwriters, were purchased.

The offering pricing was first announced last week.

According to the announcement, the Company's common stock began trading on the New York Stock Exchange under the symbol BURL on October 2, 2013. J.P. Morgan, Morgan Stanley, BofA Merrill Lynch, Goldman, Sachs & Co., and Wells Fargo Securities acted as joint book-running managers for the offering. BMO Capital Markets, Cowen and Company, Guggenheim Securities, SunTrust Robinson Humphrey, Telsey Advisory Group and Ramirez & Co. Inc. acted as co-managers for the offering.

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