date:Mar 28, 2013
The owner of the popular Bird Eye and Duncan Hines brands had expected to price the offering of 29 million shares at between $18 and $20 each.
Pinnacle Foods is valued at about $2.3 billion at the IPO price.
The stock is expected to start trading on the New York Stock Exchange under the symbol PF on Thursday.
Barclays and BofA Merrill Lynch are lead underwriters for the offering.
The company, which was acquired by Blackstone in April 2007, manufactures branded food products in North America