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U.S. Silica Holdings kicks off roadshow, seeking $200 million IPO

January 17, 2012

U.S. Silica Holdings, the second largest domestic producer of commercial silica, filed on Tuesday with the SEC to raise up to $200 million in an initial public offering, with pricing set for the week of January 30th. The Frederick, MD-based company, which was founded in 2008, plans to offer 11,764,705 shares at a price range of $16.00 to $18.00. It booked $271 million in sales for the 12 months ended September 30, 2011 and plans to list on the NYSE under the symbol SLCA. Morgan Stanley, BofA Merrill Lynch and Jefferies & Co. are the lead underwriters on the deal.