| Ticker: NUS | 75 West Center Street | |
| Exchange: NASDAQ-National Market | Provo, Utah 84601 | |
| Industry: Wholesale | (801) 345-6100 |
| Type of Shares: | Class A Common Shares | Filing Date: | 9/16/96 | |
| U.S. Shares: | 4,600,000 | Offer Date: | 11/21/96 | |
| Non-U.S. Shares: | 4,500,000 | Filing Range: | $20.00 - $22.00 | |
| Primary Shares: | 4,750,000 | Offer Price: | $23.00 | |
| Secondary Shares: | 4,350,000 | Gross Spread: | $1.40 | |
| Offering Amount: | $191,100,000 | Selling: | $0.82 | |
| Expenses: | $2,250,000 | Reallowance: | $0.10 | |
| Shares Out After: | - |
| Manager | Tier | Phone |
| Merrill Lynch & Co. | Lead Manager | (212) 449-4600 |
| Dean Witter Reynolds | Co-manager | (212) 392-2222 |
| Morgan Stanley & Co. Incorporated | Co-manager | (212) 703-4797 |
| Nomura Securities International Inc. | Co-manager | (212) 667-9300 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 6/30/96 | 6/30/95 | 6/30/96 | ||
| Revenue: | $261.99 | $206.75 | $116.22 | Assets: | $124.69 |
| Net Income: | $40.21 | $35.13 | $19.69 | Liabilities: | $68.81 |
| EPS: | Equity: | $55.89 | |||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| Nu Skin Asia Pacific is rapidly growing network marketing company involved in the distribution and sale of premium quality, innovative personal care and nutritional products. The company is the exclusive distribution vehicle for Nu Skin International, Inc. in the countries of Japan, Taiwan, Hong Kong and South Korea, where the company currently has operations, and in thailand, Indonesia, Malaysia, the Philippines, the People's Republic of China, Singapore and Vietnam, where operations have not commenced. The company is one of the fastest growing network marketing companies in Asia. Revenue increased 82.0% to $287.7 million for the six months ended June 30, 1996 from $158.1 million for the same period in 1995. Net income increased 78.2% to $35.1 million for the six months ended June 30, 1996 from $19.7 million for the same period in 1995. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to i) to finance the company's entry into selected new countries ii) to repay a portion of the S Corporation Notes iii) to introduce new products into countries in which the company currently operates iv) to enhance the company's technological infrastructure v) to establish additional offices and distribution centers in countries in which the company currently operates and vi) for general corporate purposes. |
©1996 IPO Data Systems, Inc. - All rights reserved.