Toys R Us to be re-listed fund-raising 800 million

    [HC Gift Crafts Network] toy and baby products retailer Toys "R" UsInc that plans to return to the open market through an IPO financing of up to 800 million U.S. dollars.

    The company said it has been proposed initial public offering to the U.S. Securities and Exchange Commission (SEC) filed a preliminary registration statement.

    The company said it plans to use the proceeds from the offering to repay part of the debt, and general operating purposes. However, the company added that the number of shares and price range yet.

    The company plans to list its shares with "TOYS" as the New York Stock Exchange ticker.

    ToysRUs founder of the Charles Plaza Terrace (CharlesLazarus), its predecessor was opened in 1948 Children'sBargainTown - in a children's toy store in Washington, DC. In 1957, the company changed its name to ToysRUs. Lazarus in 1994 and retired from the CEO office.

    ToysRUs is headquartered in Wayne, New Jersey (Wayne), initial public offering in 1978, but face competition from discount retailers and Internet sales of competitive pressures, the company received in 2005 to BainCapital, KohlbergKravisRoberts and VornadoRealtyTrust led the privatization of an investment consortium purchase, the transaction price of 6.6 billion U.S. dollars.

    ToysRUs operator operates or licenses more than 1,500 Babies "R" Us, FAOSchwarz and namesake stores. Over the years, the company has been the world's leading toy retailers, however, as the discount retailer invasion of its territory, the company's sales began to suffer. With shoppers start looking for hot toys and cheap online trading, internet marketing has constituted a challenge. Until 2006, ToysRUs began, through its Toysrus.com and Babiesrus.com sites online.

    In 2009, the company acquired eToys.com, babyuniverse.com, FAO.com and toys.com other web site, which has expanded its network presence. In the same year, the company acquired the assets of the private toy retailers FAOSchwarz.

    As of January 30 of the fiscal year, ToysRUs net profit of 218 million U.S. dollars from the previous year to 312 million U.S. dollars. Annual revenue of 13.72 billion U.S. dollars from last year fell to 13.57 billion U.S. dollars.

    The IPO's underwriters, including Goldman Sachs, JP Morgan Chase, Bank of America Merrill Lynch, Credit Suisse, Citigroup and Wells Fargo Securities. Needham & Co and Mizuho Securities will act as co-managers.