Canada Goose Launches Initial Public Offering

TORONTO--()--Canada Goose Holdings Inc. (“Canada Goose” or the “Company”) today announced that it has commenced an initial public offering of 20,000,000 subordinate voting shares, including 12,851,000 subordinate voting shares to be sold by the existing shareholders. The underwriters will have an option to purchase up to an additional 3,000,000 subordinate voting shares from the existing shareholders. The Company will use the net proceeds it receives to repay a portion of outstanding indebtedness and will not receive any proceeds from the subordinate voting shares sold by the selling shareholders. The price range for the initial public offering is currently estimated to be between C$14.00 and C$16.00 per subordinate voting share. The Company has applied to list its subordinate voting shares on the Toronto Stock Exchange in Canada and New York Stock Exchange in the United States under the ticker “GOOS”.

CIBC Capital Markets, Credit Suisse, Goldman, Sachs & Co. and RBC Capital Markets are serving as joint book-running managers and as representatives of the underwriters for the proposed offering. BofA Merrill Lynch, Morgan Stanley, Barclays, BMO, TD and Wells Fargo Securities are also acting as joint book-running managers and Baird, Canaccord Genuity and Nomura are acting as co-managers for the proposed offering.

The offering will be made only by means of a prospectus. A copy of the preliminary prospectus relating to this offering, when available, may be obtained from any of the following sources:

  • CIBC Capital Markets , 22 Front Street West, Mailroom, Toronto, ON, M5J 2W5, by telephone at (416) 956-3636, or by email at mailto:michelene.dougherty@cibc.ca
  • Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, NY 10010, by telephone at (800) 221-1037, or by email at newyork.prospectus@credit-suisse.com
  • Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526, or by email at prospectus-ny@ny.email.gs.com
  • RBC Capital Markets, Attention: Simon Yeung, Distribution Centre, RBC Wellington Square, 8th Floor, 180 Wellington St. W., Toronto, Ontario, M5J 0C2, by telephone at (416) 842-5349 or by e-mail at Distribution.RBCDS@rbccm.com

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy these securities be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities 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 any such state or jurisdiction.

An amended and restated preliminary prospectus has been filed with the securities commissions or similar securities regulatory authorities in each of the provinces and territories of Canada containing important information relating to the subordinate voting shares. The amended and restated preliminary prospectus remains subject to completion or amendment. There will not be any sale or any acceptance of an offer to buy the subordinate voting shares until a receipt for the final prospectus has been issued by the relevant securities commissions and similar securities regulatory authorities in Canada.

No securities regulatory authority has either approved or disapproved of the contents of this press release. This press release is for information purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities 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 any such state or jurisdiction.

About Canada Goose

Founded in a small warehouse in Toronto, Canada 60 years ago, Canada Goose has grown into a global outerwear brand. Canada Goose is a designer, manufacturer, distributor and retailer of premium outerwear for men, women and children. The Company’s jackets are sold in 36 countries around the world, including in two owned retail stores and four e-commerce stores.

Contacts

ICR
Jessica Liddell, 203-682-8208
Jessica.Liddell@ICRinc.com

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