Horizon Lines Inc plans to go public

Horizon Lines Inc, the largest United States-flagged maritime cargo carrier, has filed a registration statement with the US Securities and Exchange Commission for a proposed initial public offering of its common stock. All shares registered in the offering are being sold by the issuer.

The offering is being made through an underwriting syndicate led by Goldman, Sachs & Co and UBS Investment Bank, who will act as joint book-running managers of the offering. Co-managers include Bear, Stearns & Co Inc, Deutsche Bank Securities Inc, and J P Morgan Securities Inc.

A registration statement relating to these securities has been filed with the SEC but has not yet become effective.