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Horsehead Holding Corp Announces Public Offering 5,000,000 Shares Of Common Stock

Wednesday, 23 Oct 2013 04:35pm EDT 

Horsehead Holding Corp announced that it plans to offer 5,000,000 shares of its common stock in an underwritten public offering. In connection with the offering, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 750,000 shares of common stock. The Company plans to use the net proceeds of the offering for general corporate purposes, including capital expenditures, acquisitions and working capital. Stifel, Nicolaus & Company, Incorporated is acting as the sole book-running manager for the offering. FBR Capital Markets & Co. and Oppenheimer & Co. Inc. are acting as co-managers. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. 

Company Quote

-0.22 -1.74%
12:12pm EDT