Fogo de Chão prices secondary offering at $14/share

|About: Fogo de Chao (FOGO)|By:, SA News Editor

Fogo de Chão (NASDAQ:FOGO) priced its secondary offering of 4.5M shares at $14/share.

Shares had closed today flat at $14.90; they finished after-hours trading down 1%, to $14.75.

Underwriters in the offering, for selling shares held by funds affiliated with Thomas H. Lee Partners, have a 30-day option to buy up to 675,000 additional shares.

The company's not selling any stock and won't get any proceeds.

Joint book-runners are Jefferies and J.P. Morgan Securities.

Shares fell on Tuesday after news of the secondary came out.

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