Burlington Holdings Inc is a Bain Capital backed retailer. The retail firm has a total of 503 stores all over the US. It sells clothes under numerous brands including BCF, Burlington Coat Factory and Baby Depot. The company filed with the US regulators an initial public offering of common stock. Burlington Holdings planned to raise up to US$175 million.

The filing did not disclose the number of shares the company planned to sell. It did not also reveal the expected price per share piece or the stock exchange where it wants to be listed.

The net proceeds from the initial public offering will be used to pay the debt of the company according to Burlington.

The New Jersey based company reported a loss of US$121.6 million on revenue of US$4.16 billion for the fiscal year which ended February 2013. The first amount of money raised from the IPO will be used to calculate registration fees.