SunEdison Semiconductor Limited Announces Pricing of Initial Public Offering

ST. PETERS, Mo., May 22, 2014 /PRNewswire/ -- SunEdison Semiconductor Limited ("SunEdison Semiconductor") announced today the pricing of its underwritten initial public offering of 7,200,000 ordinary shares at a price to the public of $13.00 per share.  The shares will begin trading on the NASDAQ Global Select Market today under the ticker symbol "SEMI."  In connection with this offering, SunEdison Semiconductor has granted the underwriters a 30-day option to purchase up to an additional 1,080,000 ordinary shares at the initial public offering price, less the underwriting discount.

Deutsche Bank Securities Inc. and Goldman, Sachs & Co. are serving as lead book-running managers for the offering.  Wells Fargo Securities, LLC, Macquarie Capital (USA) Inc. and Citigroup Global Markets Inc. are also serving as book-running managers for the offering.  Copies of the prospectus relating to the offering may be obtained from: Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, telephone: (800) 503-4611, email: prospectus.cpdg@db.com; Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, NY 10282, telephone: (866) 471-2526, email: prospectus-ny@gs.com; Wells Fargo Securities, LLC, Attention: Equity Syndicate Dept., 375 Park Avenue, New York, NY 10152, telephone: (800) 326-5897, email: cmclientsupport@wellsfargo.com; Macquarie Capital (USA) Inc., Attention: Prospectus Department, 125 West 55th Street, 22nd Floor, New York, NY 10019, telephone: (888) 268-3937, email: us.prospectus@macquarie.com; or Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: (800) 831-9146.  

A registration statement relating to this offering was declared effective by the Securities and Exchange Commission on May 21, 2014.  This offering is being made only by means of a prospectus.  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.

About SunEdison Semiconductor

SunEdison Semiconductor is a global leader in the development, manufacture and sale of silicon wafers to the semiconductor industry.

SOURCE SunEdison Semiconductor Limited




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