Industry News | May 19, 2006
Chipotle Mexican Grill Announces Pricing of Secondary Offering
Chipotle will not receive any proceeds from the offering.
The underwriters in the offering have an over-allotment option to purchase an additional 629,599 class A shares from McDonald's Ventures, LLC.
The offering was made through an underwriting syndicate led by Morgan Stanley & Co. Incorporated and Cowen and Company, LLC. The other co-managing underwriters in the syndicate were Banc of America Securities LLC, Citigroup Global Markets, Inc., J.P. Morgan Securities Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Suntrust Capital Markets, Inc.
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