PE-backed Fairmount Santrol debuts IPO

Fairmount Santrol, which is backed by American Securities, has raised $400 million for its IPO after pricing its 25 million shares at $16 per share. The stock began trading Friday on the NYSE under the ticker symbol “FMSA.” Among the underwriters are Morgan Stanley, Wells Fargo, Barclays and Goldman Sachs. Based in Chesterland, Ohio, Fairmount Santrol is a provider of sand-based products for oil and gas exploration and production companies.

PRESS RELEASE

CHESTERLAND, Ohio, Oct. 3, 2014 (GLOBE NEWSWIRE) — Fairmount Santrol announced today the pricing of its initial public offering of 25,000,000 shares of common stock at $16.00 per share. The shares are expected to begin trading on the New York Stock Exchange under the symbol “FMSA” on October 3, 2014. The underwriters will have a 30-day option to purchase up to an additional 3,750,000 shares. The offering is expected to close on or about October 8, 2014, subject to customary closing conditions.

Morgan Stanley & Co. LLC; Wells Fargo Securities, LLC; Barclays Capital Inc.; Goldman, Sachs & Co.; Jefferies LLC; J.P. Morgan Securities LLC; KeyBanc Capital Markets Inc. and RBC Capital Markets, LLC are acting as book-running managers for the offering. The offering is being made only by means of a prospectus. Copies of the prospectus may be obtained by contacting:

Morgan Stanley & Co. LLC
Attn: Prospectus Department
180 Varick Street, 2nd Floor
New York, NY 10014

Wells Fargo Securities, LLC
Attn: Equity Syndicate Dept.
375 Park Avenue
New York, New York 10152
cmclientsupport@wellsfargo.com
(800) 326-5897

Barclays Capital Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, New York 11717
barclaysprospectus@broadridge.com
(888) 603-5847

To obtain a copy of the prospectus free of charge, visit the U.S. Securities and Exchange Commission’s website, www.sec.gov, and search under the registrant’s name, “FMSA Holdings Inc.” A registration statement relating to these securities has been declared effective by the SEC and is available on the SEC’s website at www.sec.gov.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Fairmount Santrol
Fairmount Santrol, formerly Fairmount Minerals, is a leading provider of high-performance sand and sand-based products used by oil and gas exploration and production companies to enhance the productivity of their wells. The company also provides high-quality products, strong technical leadership and applications knowledge to end users in the foundry, building products, water filtration, glass, and sports and recreation markets. Its global logistics capabilities include a wide-ranging network of distribution terminals and thousands of railcars that allow the company to effectively serve customers wherever they operate. As one of the nation’s longest continuously operating mining organizations, Fairmount Santrol has developed a strong commitment to sustainable development, environmental stewardship, and operational safety. Correspondingly, the company’s motto and action orientation is: “Do good. Do well.” For more information, visit the company’s website, www.fairmountsantrol.com.