Smithfield Foods Initial Public Offering Registration Statement Filing

Smithfield Foods, Inc., a top American food company known for its value-added packaged meats and fresh pork, made a big announcement today. They’ve filed a registration statement with the U.S. Securities and Exchange Commission (SEC) to sell shares of their common stock in an initial public offering. The details of the offering, like the timing, number of shares, and price range, are still up in the air, depending on market conditions. Smithfield Foods has even applied to list their shares on the Nasdaq Global Select Market under the ticker symbol “SFD.”

For this offering, some big names are involved. Morgan Stanley, BofA Securities, and Goldman Sachs & Co. LLC are the joint lead book-running managers, while Barclays, Citigroup, UBS Investment Bank, BNP PARIBAS, and HSBC are acting as joint book-running managers.

If you’re interested in diving deeper into the nitty-gritty details, you can get a copy of the preliminary prospectus related to this offering from the respective institutions involved. Just reach out to Morgan Stanley, BofA Securities, or Goldman Sachs.

It’s important to note that even though a registration statement has been filed with the SEC, it’s not yet effective. This means that the securities cannot be sold until everything is in order.

Remember, this article is not an invitation to buy or sell any securities—just a heads up about Smithfield Foods, Inc.’s plans. This American food company is proud of its position in the packaged meats and fresh pork industry, aiming to meet the world’s demand for quality protein responsibly.