Metaldyne Performance Group Prices 10M Share IPO @$15.00/Share

Metaldyne Performance Group (NYSE: MPG) today announced the pricing of its initial public offering of 10,000,000 shares of common stock at a price to the public of $15.00 per share. All of the shares in the offering are being offered by an affiliate of American Securities LLC, ASP MD Investco LP (the "Selling Stockholder"). In addition, the Selling Stockholder has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares. The shares are expected to begin trading on December 12, 2014 on the New York Stock Exchange under the symbol "MPG." The closing of the offering is expected to occur on December 17, 2014, subject to the satisfaction of customary closing conditions. BofA Merrill Lynch, Goldman, Sachs & Co., Deutsche Bank Securities Inc., Barclays Capital Inc., Credit Suisse Securities (USA) LLC and RBC Capital Markets, LLC are acting as joint book-running managers for the offering. Robert W. Baird & Co. Incorporated is acting as lead co-manager for the offering and KeyBanc Capital Markets Inc. and Nomura Securities International, Inc. are acting as co-managers for the offering. The offer is being made only by means of a prospectus. Copies of the See full press release