| IPO Company Profile | |||
| Aurora Foods, Inc. | |||
| Proposed Ticker: | - | 456 Montgomery Street, Suite 2200 | |
| Exchange: | New York Stock Exchange | San Francisco, CA 94104 | |
| Industry: | Manufacturing (SIC Code 2045) | (415) 982-3019 | |
| # of Employees: | 1225 | ||
| Filing Information | |||||
| Shares Offered: | Common Shares | Filing Date: | 4/22/98 | |
| U.S. Shares Filed: | 14,500,000 | Filing Range: | $20.00 - $23.00 | |
| Non-U.S. Shares Filed: | - | Offering Amount: | $311,750,000 | |
| Primary Shares: | 12,900,000 | Expenses: | - | |
| Secondary Shares: | 1,600,000 | Shares Out After: |
| Primary Underwriting Group | ||
| Manager | Tier | Phone |
| Goldman, Sachs & Co. | Lead Manager | (212) 902-5959 |
| BT Alex Brown | Co-manager | (410) 727-1700 |
| Chase Securities, Inc. | Co-manager | (212) 834-4533 |
| CS First Boston | Co-manager | (212) 325-2000 |
| Donaldson, Lufkin & Jenrette Securities Corp. | Co-manager | (212) 371-0641 |
| SBC Warburg Dillon Read, Inc. | Co-manager | |
| Legal Counsel, Auditor and Registrar | ||
| Issuer's Law Firm: | Richards & O'Neil | |
| Bank's Law Firm: | Sullivan & Cromwell | |
| Auditor: | Price Waterhouse | |
| Selected Financial Data | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/27/97 | 12/27/98 | ||||
| Revenue: | $143.02 | Assets: | $372.74 | ||
| Net Income: | $1.24 | Curr Assets: | $30.38 | ||
| EPS: | Liabilities: | $307.52 | |||
| Prior EPS: | Curr Liab: | $28.23 | |||
| Cash Flow/Oper: | $23.03 | Equity: | $65.22 | ||
| Cash Flow/Fin: | $202.21 | Cash: | $4.72 | ||
| Cash Flow/Inv: | -$229.19 | Working Cap: | $2.15 | ||
| (Dollar amounts in U.S. millions except for per share data) | |||||
| Business Description |
| The company is a leading producer and marketer of premium branded food products including Duncan Hines baking mixes, Log Cabin and Mrs. Buttersworth's syrup, Van De Kamp's and Mrs. Paul's frozen seafood, Aunt Jemima frozen breakfasts. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to redeem 12% Senior Subordinated Notes due 2005 issued by VDK and to repay other indebtedness. |
Jackson Heights, NY 11372 212-332-0071[email protected]
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