Refco Inc. Files IPO Registration Statement

Refco Inc. has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. The number of shares to be offered and the price range for the offering have not yet

By None

Refco Inc. has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. The number of shares to be offered and the price range for the offering have not yet been determined. A portion of the shares will be issued by the company and a portion will be sold by certain shareholders of the company. Proceeds from the shares issued by the Company will be used to repay outstanding indebtedness and for general corporate purposes.

Credit Suisse First Boston LLC, Goldman, Sachs & Co. and Banc of America Securities LLC will act as joint book-running managers for the proposed offering, with Deutsche Bank Securities Inc., J.P. Morgan Securities Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Sandler O’Neill & Partners, L.P. and HSBC Securities (USA) Inc. as co-managers.

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