NEW YORK, May 19, 2006– In the week ended May 19, 2006, three initial public offerings joined the NYSE Group, Inc.’s roster of listed companies.
On May 18, 2006, Burger King Holdings, Inc. (NYSE: BKC) became the fourth restaurant initial public offering on the NYSE year to date. The Miami, Fla-based company is the world’s second-largest fast-food hamburger restaurant chain with more than 11,100 restaurants in all 50 states and more than 65 countries. Burger King Holdings, Inc. raised $425 million in proceeds at the Exchange.
NYSE ArcaSM added its first new listing since the formation of NYSE Group, Inc., with the initial public offering of Darwin Professional Underwriters Inc. The Farmington, CT –based specialty insurance group began trading under the NYSE Arca ticker symbol “DR ”, on May 19, 2006. Darwin Professional Underwriters Inc. raised $83.4 million in proceeds.
On May 19, 2006 Claymore/Raymond James SB-1 Equity Fund celebrated its initial public offering on the NYSE. Headquartered in Lisle, IL, the newly organized, diversified, close-end management investment company began trading under the ticker symbol RYJ.
About NYSE Group, Inc.
NYSE Group, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange (the “NYSE”) and NYSE Arca (formerly known as the Archipelago Exchange, or ArcaEx®, and the Pacific Exchange). NYSE Group is a leading provider of securities listing, trading and market data products and services. The NYSE is the world’s largest and most liquid cash equities exchange. The NYSE provides a reliable, orderly, liquid and efficient marketplace where investors buy and sell listed companies’ common stock and other securities. Our listed operating companies represent a total global market capitalization of over $22.9 trillion. In the first quarter 2006, on an average trading day, over 1.7 billion shares, valued at over $65 billion, were traded on the NYSE.
NYSE Arca operates the first open, all-electronic stock exchange in the United States and has a leading position in trading exchange-traded funds and exchange-listed securities. NYSE Arca is also an exchange for trading equity options. NYSE Arca’s trading platform links traders to multiple U.S. market centers and provide customers with fast electronic execution and open, direct and anonymous market access.
NYSE Regulation, an independent not-for-profit subsidiary, regulates member organizations through the enforcement of marketplace rules and federal securities laws. NYSE Regulation also ensures that companies listed on the NYSE and NYSE Arca meet their financial and corporate governance listing standards.
For more information on NYSE Group, go to: www.nyse.com. Information contained on our website does not constitute a part of the prospectus relating to the proposed offering.
Cautionary Note Regarding Forward-Looking Statements