Roundy's announces pricing of public offering of more than 8.84 million shares at US$7/share; offering expected to close Feb. 12

Cindy Allen

MILWAUKEE , February 7, 2014 (press release) – Roundy’s, Inc. (the “Company”) (RNDY), a leading grocer in the Midwest, today announced the pricing of an underwritten public offering of 8,844,339 shares, of its common stock at a price to the public of $7.00 per share. The Company is offering 2,948,113 shares of its common stock, and certain selling stockholders are offering 5,896,226 shares of the Company’s common stock. The underwriters have been granted a 30-day option to purchase up to an additional 1,326,650 shares of common stock from the selling stockholders, all at the offering price less the underwriting discount. The offering is expected to close on February 12, 2014.

The Company intends to use the net proceeds for general corporate purposes, which it expects to include funding working capital and operating expenses as well as capital expenditures to build out the Chicago stores acquired from Safeway. The Company will not receive any of the proceeds from the sale of shares by the selling stockholders, including the shares to be sold by the selling stockholders if the underwriters exercise their over-allotment option.

Credit Suisse and J.P. Morgan, along with BofA Merrill Lynch and BMO Capital Markets, are acting as joint bookrunning managers for the offering. Baird is acting as lead manager. This offering is being made by means of a prospectus supplement and accompanying base prospectus, copies of which may be obtained by sending a request to: Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, NY 10010, or by telephone at (800) 221-1037, or by e-mail at newyork.prospectus@credit-suisse.com, J.P. Morgan Securities LLC (c/o Broadridge Financial Solutions), 1155 Long Island Avenue, Edgewood, NY 11717 or by telephone at (866) 803-9204, BofA Merrill Lynch, Attn: Prospectus Department, 222 Broadway, New York, NY 10038 or by e-mail at dg.prospectus_requests@baml.com or BMO Capital Markets, Attention: Equity Syndicate Department, 3 Times Square New York, NY 10036, or by telephone at (800) 414-3627 or e-mail at bmoprospectus@bmo.com.

This offering is being made pursuant to a shelf registration statement filed with the SEC on December 13, 2013 and amended on January 9, 2014, which became effective on January 22, 2014. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the Company’s common stock or any other securities, and there shall not be any offer, solicitation or sale of securities mentioned in this press release in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such any state or jurisdiction.

About Roundy’s

Roundy’s is a leading grocer in the Midwest with nearly $4.0 billion in sales and more than 20,000 employees. Founded in Milwaukee in 1872, Roundy’s operates 162 retail grocery stores and 112 pharmacies under the Pick ’n Save, Rainbow, Copps, Metro Market and Mariano’s retail banners in Wisconsin, Minnesota and Illinois. Roundy’s is committed to helping the communities its stores serve through the Roundy’s Foundation. Chartered in 2003, the Roundy’s Foundation mission is to support organizations working to relieve hunger and helping families in crisis due to domestic abuse, neglect and other at-risk situations.

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