BJ's Wholesale Club, a leading warehouse club operator along the East Coast, raised $638 million by offering 37.5 million shares at $17, the high end of the $15 to $17 range. At pricing, BJ's will command a fully-diluted market value of $2.3 billion and an enterprise value of $4.4 billion. BofA Merrill Lynch, Deutsche Bank, Goldman Sachs, J.P. Morgan, Morgan Stanley, Citi, Jefferies and Wells Fargo Securities acted as lead managers on the deal.
