Party City Goes Public

Party City Holdco Inc. (“the Company” or “Party City”) today announced the pricing of its initial public offering of 21,875,000 shares of common stock at $17.00 per share.

The Company’s shares are expected to begin trading on the New York Stock Exchange on April 16, 2015 under the symbol “PRTY”.

The underwriters of the offering will have a 30-day option to purchase up to an additional 3,281,250 shares of common stock from the Company at the initial public offering price, less underwriting discounts and commissions. The Company intends to use the net proceeds of the offering primarily to repay outstanding indebtedness, including all or a portion of the senior PIK toggle notes which mature on August 15, 2019.

Goldman, Sachs & Co., BofA Merrill Lynch, Credit Suisse and Morgan Stanley are acting as lead book-running managers and representatives of the underwriters in the offering. Barclays, Deutsche Bank Securities and J.P. Morgan are also acting as book-running managers for the offering. William Blair, Stephens Inc. and Telsey Advisory Group are acting as co-managers for the offering.

April 15, 2015