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BELL SPORTS FILES INITIAL PUBLIC OFFERING OF 2,400,000 COMMON SHARES WITH SEC

 BELL SPORTS FILES INITIAL PUBLIC OFFERING
 OF 2,400,000 COMMON SHARES WITH SEC
 RANTOUL, Ill., Feb. 20 /PRNewswire/ -- Bell Sports Corp. announced today that it filed a registration statement with the Securities and Exchange Commission covering a proposed initial public offering of 2,400,000 common shares. Of the total, 1,440,000 are being offered by the company and 960,000 by selling stockholders.
 William Blair & Company and Montgomery Securities will co-manage the underwriting group. The offering is expected in early April at an estimated price of $11.50 to $13.50 per share.
 Proceeds to the company will be used to reduce debt incurred to acquire predecessor companies.
 Headquartered in Rantoul, Bell Sports Corp. is the leading manufacturer and marketer of bicycle helmets in the United States. The company also designs, manufactures and markets other bicycle accessories such as child bicycle seats and car bicycle carriers, as well as auto racing products including helmets, suits and accessories.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration qualification under the securities laws of any such state.
 Copies of the prospectus may be obtained from William Blair & Company, 135 South LaSalle St., Chicago, IL 60603, Attention: Information Services (telephone 312-236-1600), or from Montgomery Securities, 600 Montgomery St., San Francisco, CA 94111, Attention: Syndicate Department (telephone: 415-627-2000).
 -0- 2/20/92
 /CONTACT: Howard Kosick, chief financial officer of Bell Sports, 217-893-9300; or Rick Stearns of William Blair & Company, 312-236-1600/ CO: Bell Sports Corp. ST: Illinois IN: LEI SU: OFR


GK-OS -- NY035 -- 0892 02/20/92 11:55 EST
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Publication:PR Newswire
Date:Feb 20, 1992
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