US Foods sets secondary stock offering

ROSEMONT - US Foods Holding Corp. said it will offer up to 40 million shares of its common stock by investment funds associated with selling stockholders Clayton, Dubilier & Rice, LLC and Kohlberg Kravis Roberts & Co. L.P.

In connection with the offering, the selling stockholders will grant to the underwriters a 30-day option to purchase up to an additional 6 million shares of common stock.

US Foods is not selling any of its own stock in this transaction and will not receive any proceeds from the sale of the shares of common stock by the selling stockholders.

J.P. Morgan and Morgan Stanley are acting as the underwriters for the offering. The underwriters propose to offer the shares from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices, subject to receipt and acceptance by them and subject to their right to reject any order in whole or in part.