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Boise Inc
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Boise, Idaho, USA, 11 November 2009 -- /PRNewswire/ -- Boise Inc. (NYSE: BZ - News) today announced plans for a secondary offering of 17 million shares of common stock. Pursuant to the offering, all of the shares will be sold by the selling stockholders, Boise Cascade Holdings, L.L.C., and trusts affiliated with Jason Weiss, one of Boise Inc.'s directors. All proceeds of the offering will go to the selling stockholders.

Boise Cascade Holdings, L.L.C. has granted the underwriters a 30-day option to purchase up to 2.55 million additional shares. After the offering, and assuming no exercise of the underwriters' option, Boise Cascade Holdings, L.L.C. is expected to own approximately 25% of Boise Inc.'s shares.

Goldman, Sachs & Co. is acting as sole book-running manager in connection with the offering. Effective registration statements relating to these securities are on file with the U.S. Securities and Exchange Commission. A copy of the prospectus and preliminary prospectus supplement may be obtained when they are available by contacting Goldman, Sachs & Co., Attention: Prospectus Department, 85 Broad Street, New York, NY 10004; facsimile: +1-212-902-9316; email: prospectus-ny@ny.email.gs.com. The prospectus and preliminary prospectus supplement also will be available on the U.S. Securities and Exchange Commission's Web site at http://www.sec.gov.

Headquartered in Boise, Idaho, Boise Inc. (NYSE: BZ - News) manufactures packaging products and papers including corrugated containers, containerboard, label and release papers, flexible packaging papers, imaging papers for the office and home, printing and converting papers, newsprint, and market pulp.

 

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