Catalyst Health Solutions Announces Pricing of Common Stock Offering

ROCKVILLE, Md.--(BUSINESS WIRE)--Catalyst Health Solutions, Inc. (NASDAQ: CHSI) today announced the successful pricing of its public offering of 5,500,000 shares of common stock, consisting of 4,500,000 shares to be sold by the Company and 1,000,000 shares to be sold by one of its stockholders, Principal Holding Company, LLC, a subsidiary of Principal Financial Group, Inc., at a price of $53.00 per share. The underwriters have a 30-day option to purchase up to an additional 825,000 shares from the selling stockholder. The Company will not receive any proceeds from the sale of shares of its common stock by the selling stockholder. The offering was made pursuant to the Company’s registration statement and prospectus filed with the Securities and Exchange Commission (the “SEC”). Goldman, Sachs & Co. and Citi are acting as joint book-running managers for the offering. SunTrust Robinson Humphrey, Inc. and Wells Fargo Securities, LLC are acting as joint lead managers. Subject to customary conditions, the offering is expected to close on or about April 13, 2011.