Reynolds Consumer Products Inc. Announces Launch of Initial Public Offering
(WorldNews Business)

LAKE FOREST, Ill.--(BUSINESS WIRE)--Jan 21, 2020-- Reynolds Consumer Products Inc. (`RCP` or the `Company`) today announced that it has launched the initial public offering of 47,170,000 shares of its common stock pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission (`SEC`). The initial public offering price is expected to be between $25.00 and $28.00 per share. The underwriters will have a 30-day option to purchase up to an additional 7,075,500 shares of common stock from the Company. The Company has applied to list its shares of common stock on the...