Ivex Packaging Corp.
Ticker:IXX
Exchange:New York Stock Exchange Lincolnshire, IL
Industry:Manufacturing (SIC Code 2679)

Offering Information
Type of Shares:Common Shares Filing Date:8/1/97
U.S. Shares:8,400,000 Offer Date:9/30/97
Non-U.S. Shares:0 Filing Range:$14.00 - $16.00
Primary Shares:8,400,000 Offer Price:$16.00
Secondary Shares:0 Gross Spread:$1.08
Offering Amount: $126,000,000 Selling:$0.65
Expenses: - Reallowance:$0.10
Shares Out After: -

Primary Underwriting Group
ManagerTierPhone
Merrill Lynch & Co.Lead Manager (212) 449-4600
Lehman Brothers IncorporatedCo-manager (212) 526-8100
Salomon Brothers Inc.Co-manager (212) 783-2947

Business Description
The company is a leading vertically integrated specialty packaging company engaged in the manufacture and marketing of a broad range of plastic and paper products to consumer and industrial markets.

Use of Proceeds
Proceeds from the proposed offering will be used for the reduction in the company's outstanding indebtedness or refinance or retire its debt.

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