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Blue Buffalo Announces Closing of the Secondary Offering of 17,250,000 Shares of Common Stock

WILTON, Conn., July 05, 2016 (GLOBE NEWSWIRE) -- Blue Buffalo Pet Products, Inc. (NASDAQ:BUFF) (“Blue Buffalo”) today announced the closing of the secondary offering of 17,250,000 shares of its common stock.

Existing stockholders of Blue Buffalo sold 17,250,000 shares of common stock in the offering at a public offering price of $22.00 per share, including 2,250,000 shares of common stock pursuant to the full exercise of the underwriters’ option to purchase additional shares.

J.P. Morgan Securities LLC and Citigroup Global Markets Inc. acted as joint book-running managers for the offering and as representatives of the underwriters. Barclays Capital Inc., Deutsche Bank Securities Inc. and Morgan Stanley & Co. LLC also acted as joint book-running managers for the offering. Wells Fargo Securities, LLC acted as co-manager for the offering.

The registration statement on Form S-1 relating to the offering was filed with the U.S. Securities and Exchange Commission and was declared effective.

The offering was made only by means of a prospectus. A copy of the prospectus related to the offering may be obtained by contacting J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at 866-803-9204; or Citigroup Global Markets Inc., c/o Broadridge Financial Services, 1155 Long Island Avenue, Edgewood, NY, 11717, or by telephone at (800) 831-9146.

About Blue Buffalo

Blue Buffalo, based in Wilton, CT, is the nation’s leading natural pet food company, and provides natural foods and treats for dogs and cats under its BLUE Life Protection Formula, BLUE Wilderness, BLUE Basics, BLUE Freedom and BLUE Natural Veterinary Diet lines.

Forward Looking Statements

The statements contained in this release that are not historical facts are forward-looking statements. These forward-looking statements are based on Blue Buffalo’s current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to changes in global, regional or local economic, business, competitive, market, regulatory and other factors, many of which are beyond Blue Buffalo’s control. Any forward-looking statement in this release speaks only as of the date of this release. Blue Buffalo undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.

Phil Cheevers
VP, Communications
203-665-3234
media@bluebuff.com