News

El Pollo Loco begins public trading at $15 per share

July 25, 2014

On Thursday, El Pollo Loco Holdings Inc. announced the pricing of its initial public offering of 7,142,857 shares of common stock at $15 per share.

According to a news release, in addition, El Pollo Loco has granted the underwriters a 30-day option to purchase up to an additional 1,071,429 shares. The shares are expected to begin trading today on the NASDAQ Global Select Market under the ticker symbol "LOCO." The closing of the offering is expected to occur on July 30, subject to the satisfaction of customary closing conditions.