Westborough, MA. (June 27, 2018) – BJ's Wholesale Club Holdings, Inc. ("BJ's") today announced the pricing of its initial public offering of 37,500,000 shares of its common stock, at a public offering price of $17.00 per share. The company has granted the underwriters a 30-day option to purchase up to an additional 5,625,000 shares of common stock. Shares of the company's common stock are expected to begin trading on the New York Stock Exchange on June 28, 2018 under the ticker symbol "BJ". The offering is expected to close on July 2, 2018, subject to satisfaction of customary closing conditions.

BofA Merrill Lynch, Deutsche Bank Securities, Goldman Sachs & Co. LLC, and J.P. Morgan are serving as joint lead book-running managers and as representatives of the underwriters for the proposed offering. Morgan Stanley, Citigroup, Jefferies and Wells Fargo Securities are also serving as book-running managers for the proposed offering. Nomura, Baird, Guggenheim Securities, Natixis, William Blair and Siebert Cisneros Shank & Co., L.L.C. are serving as co-managers for the proposed offering.

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

  • Merrill Lynch, Pierce, Fenner & Smith Incorporated, Attention: Prospectus Department, 200 North College Street, 3rd Floor, Charlotte, NC 28255-0001, or via email: [email protected]; or
  • Deutsche Bank Securities Inc., Attention: Prospectus Department, 60 Wall Street, New York, NY 10005, via telephone: 1-800-503-4611 or via email: [email protected]; or
  • Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, via telephone: 1-866-471-2526, or via email: [email protected]; or
  • J.P. Morgan Securities LLC, Attention: Prospectus Department, 1155 Long Island Avenue, Edgewood, NY 11717, or via telephone: 1-866-803-9204.

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission.

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.