Armstrong World Industries in Public Secondary Offering

November 14, 2012

Cleary Gottlieb represented Armstrong World Industries in a public secondary offering of 5,200,000 common shares held by The Armstrong World Industries Asbestos Personal Injury Settlement Trust and Armor TPG Holdings. The offering priced on November 7 at a public offering price of $51.00 per share and closed on November 14.

BofA Merrill Lynch, Barclays, Citigroup, Deutsche Bank Securities, Goldman, Sachs & Co. and J.P. Morgan were the joint book-running managers of the offering. RBC Capital Markets, Scotiabank and SunTrust Robinson Humphrey acted as co-managers.

Armstrong World Industries is a global leader in the design and manufacture of floors and ceilings. Based in Lancaster, Pa., Armstrong operates 32 plants in eight countries and has approximately 8,500 employees worldwide.