NYMEX Holdings, Inc. (NYSE: NMX), the parent company of the New York Mercantile Exchange, Inc. (NYMEX), today announced the pricing of its secondary offering of 7,000,000 shares of its common stock at $136.50 per share.
The shares are being offered by NYMEX stockholders who elected to sell shares. NYMEX will not receive any of the proceeds from the offering. In addition, the underwriters have an option to purchase up to an additional 1,050,000 shares to cover possible over-allotments. The offering is expected to close on March 27, 2007, subject to customary closing conditions.
J.P. Morgan Securities Inc., Banc of America Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated are acting as joint book-running managers, and Bear Stearns & Co., Inc., Citigroup Global Markets, Inc., Deutsche Bank Securities Inc., Jefferies & Company, Inc., Lehman Brothers Inc., Morgan Stanley & Co. Incorporated, Fox-Pitt, Kelton Incorporated, Keefe, Bruyette & woods, Inc. and Sandler O'Neill & Partners, L.P. are serving as co-managers for the offering. Copies of the prospectus relating to the offering may be obtained from J.P. Morgan Securities Inc. at 4 Chase Metrotech Center, CS Level, Brooklyn, NY 11245, Attention: Chase Distribution & Support Service Northeast Statement Processing or by calling toll free (866) 430-0686.
