BRISTOL WEST FILES REGISTRATION STATEMENT
FOR INITIAL PUBLIC OFFERING OF COMMON STOCK
DAVIE, Fl., Dec. 17, 2003
– Bristol West Holdings, Inc. today filed
a registration statement, which is not yet effective,
with the U.S. Securities and Exchange Commission
(“SEC”) for a proposed public offering
of common stock.
Shares will be sold by the Company, which intends
to contribute a majority of the proceeds it
receives from the offering to its insurance
subsidiaries. Shares will also be sold by certain
selling stockholders. The Company will not receive
any of the proceeds from the sale of shares
by the selling stockholders.
Credit Suisse First Boston LLC and Bear, Stearns
& Co. Inc. are serving as joint book-running
managers for the offering. Copies of the preliminary
prospectus related to the offering, when available,
may be obtained from the SEC by writing to the
Public Reference Section of the SEC at 450 Fifth
Street, N.W., Washington, D.C. 20549, or by
visiting http://www.sec.gov.
Bristol West Holdings, Inc. began its operations
in 1973 and has become a leading provider of
non-standard private passenger automobile insurance
through independent agents and brokers.
A registration statement relating
to these securities has been filed with the
Securities and Exchange Commission but has not
yet become effective. These securities may not
be sold nor may offers to buy be accepted prior
to the time of the registration statement becomes
effective. 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 in which such offer,
solicitation or sale would be unlawful prior
to registration or qualification under the securities
laws of any such state.
Contacts:
Craig E. Eisenacher
(954) 316-5192
craig.eisenacher@bristolwest.com
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