Jarden Announces Upsizing And Pricing Of Common Stock Offering

        Jarden Announces Upsizing And Pricing Of Common Stock Offering

PR Newswire

RYE, N.Y., Sept. 4, 2013

RYE, N.Y., Sept. 4, 2013 /PRNewswire/ --Jarden Corporation ("Jarden" or the
"Company") (NYSE: JAH) announced today the upsizing and pricing of the
previously announced underwritten public offering of 11,600,000 shares of its
common stock. The size of the offering has been upsized to 15,000,000 shares
of its common stock and priced at $47.00 per share. The offering is expected
to close on September 10, 2013. In connection with the offering, Jarden has
granted an option to the underwriters for a period of 30 days to purchase a
number of shares up to 15% of the upsized offering.

After deducting underwriting discounts and commissions and other estimated
offering expenses, Jarden expects to receive net proceeds of $678.7 million,
or $781.4 million if the underwriters exercise in full their option to
purchase additional shares. Jarden expects to use the net proceeds of the
offering to fund a portion of the purchase price and related fees and expenses
for the recently announced acquisition of Yankee Candle Investments LLC
("Yankee Candle"). The offering is not conditioned on the closing of the
acquisition of Yankee Candle and the Company cannot assure you that such
acquisition will be completed. If the acquisition of Yankee Candle is not
completed, the Company intends to use the net proceeds from the offering for
general corporate purposes.

Barclays Capital Inc. is acting as lead joint book-running manager, and Credit
Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, and SunTrust Robinson
Humphrey, Inc. are acting as joint book-running managers for the offering.

This press release shall not constitute an offer to sell or the solicitation
of an offer to buy the securities, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction. An effective shelf
registration statement relating to these securities has previously been filed
with the Securities and Exchange Commission. The offering is being made only
by means of a prospectus and related prospectus supplement.

Copies of the prospectus and the related preliminary prospectus supplement may
be obtained free of charge from the Securities and Exchange Commission's
website at www.sec.gov or by contacting any of the joint book-running
managers, including: Barclays Capital Inc., c/o Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, NY 11717; Credit Suisse
Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue,
New York, New York, 10010; J.P. Morgan Securities LLC, c/o Broadridge
Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717; and SunTrust
Robinson Humphrey, Inc., Attention: Prospectus Department, 3333 Peachtree Rd.
NE, Atlanta, Georgia 30326.

About Jarden Corporation

Jarden Corporation is a leading provider of a diverse range of consumer
products with a portfolio of over 120 trusted, quality brands sold globally.
Jarden operates in three primary business segments through a number of well
recognized brands, including: Outdoor Solutions: Abu Garcia®, Aero®, Berkley®,
Campingaz® and Coleman®, ExOfficio®, Fenwick®, Gulp!®, Invicta®, K2®, Marker®,
Marmot®, Mitchell®, Penn®, Rawlings®, Shakespeare®, Stearns®, Stren®,
Trilene®, Volkl® and Zoot®; Consumer Solutions: Bionaire®, Breville®,
Crock-Pot®, FoodSaver®, Health o meter®, Holmes®, Mr. Coffee®, Oster®,
Patton®, Rival®, Seal-a-Meal®, Sunbeam®, VillaWare® and White Mountain®; and
Branded Consumables: Ball®, Bee®, Bernardin®, Bicycle®, Billy Boy®, Crawford®,
Diamond®, Dicon®, Fiona®, First Alert®, First Essentials®, Hoyle®, Kerr®,
Lehigh®, Lifoam®, Lillo®, Loew Cornell®, Mapa®, NUK®, Pine Mountain®,
Quickie®, Spontex® and Tigex®.

This news release contains "forward-looking statements" within the meaning of
the federal securities laws and is intended to qualify for the safe harbor
from liability established by the Private Securities Litigation Reform Act of
1995, including statements regarding the impact of the Yankee Candle
acquisition on the Company's business and financial results including sales,
segment net sales, adjusted EBITDA, adjusted gross profit, accretive to
earnings, adjusted EPS, overall margin profiles, adjusted gross margin,
adjusted EBITDA margin and cash flows, the ability of the Company to close
the Yankee Candle acquisition, the ability of the Company to raise the funds
needed to close the Yankee Candle acquisition and the expected plan to fund
the Yankee Candle acquisition, the Company's earnings per share and adjusted
diluted earnings per share, expected or estimated revenue, segment earnings,
net interest expense, income tax provision, cash flow from operations, and
reorganization and other non-cash charges, the outlook for the Company's
markets and the demand for its products,consistent profitable growth, free
cash flow, future revenues and gross, operating and EBITDA margin improvement
requirement and expansion, organic net sales growth, bank leverage ratio, the
success of new product introductions, growth in costs and expenses, the impact
of commodities, currencies and transportation costs and the Company's ability
to manage its risk in these areas, repurchase of shares of common stock from
time to time under the Company's stock repurchase program, our ability to
raise new debt, and the impact of acquisitions, divestitures, restructurings,
and other unusual items, including the Company's ability to successfully
integrate and obtain the anticipated results and synergies from its
consummated acquisitions. These projections and statements are based on
management's estimates and assumptions with respect to future events and
financial performance and are believed to be reasonable, though are inherently
uncertain and difficult to predict. Actual results could differ materially
from those projected as a result of certain factors. A discussion of factors
that could cause results to vary is included in the Company's periodic and
other reports filed with theSecurities and Exchange Commission.

SOURCE Jarden Corporation

Website: http://www.jarden.com
Contact: Rachel Wilson, 914-967-9400; Investors: Allison Malkin, ICR, Inc.,
203-682-8225; Press: Liz Cohen, Weber Shandwick, 212-445-8044
 
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