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BRIEF-Rexnord says announces public offering of mandatory convertible preferred stock
November 30, 2016 / 9:50 PM / 10 months ago

BRIEF-Rexnord says announces public offering of mandatory convertible preferred stock

Nov 30 (Reuters) - Rexnord Corp

* Rexnord announces public offering of mandatory convertible preferred stock

* Rexnord announces public offering of mandatory convertible preferred stock

* Rexnord corp - commencement of an underwritten public offering of 7 million depositary shares

* Rexnord corp says intends to use net proceeds from this offering to repay a portion of outstanding term loan indebtedness under its credit agreement

* Rexnord corp - underwriters of offering have an option to buy up to 1.1 million additional depositary shares to cover over-allotments Source text for Eikon: Further company coverage:

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