On April 9, 2010, Metals USA Holdings Corp. announced that on April 8, an initial public offering of 11,4266,315 shares of its common stock was priced at $21.00 per share, raising $240 million of total proceeds. The underwriters were granted a 30-day option to purchase up to 1,713,947 additional common shares on a pro rata basis from stockholders at the initial public offering price. The shares will begin trading today on the New York Stock Exchange under the trading symbol “MUSA.” The offering is expected to close on April 14. Cravath is representing the underwriters led by Goldman, Sachs & Co. in this transaction. The Cravath team includes partner LizabethAnn R. Eisen and associates Stephen M. Kessing and Patricia M. Groot on corporate matters.