Metals USA (MUSA) Announces 4M Secondary Offering by Apollo Global (APO) Funds

August 6, 2012 4:23 PM EDT Send to a Friend
Metals USA Holdings Corp. (NYSE: MUSA) announced a proposed secondary offering of 4,000,000 shares of its common stock by certain investment funds affiliated with Apollo Global Management LLC (NYSE: APO) (collectively, with its subsidiaries, "Apollo"). In addition, the Funds will grant the underwriters a 30-day option to purchase up to an additional 600,000 shares of common stock. Metals USA Holdings Corp. is not offering any shares of common stock in the offering and will not receive any proceeds from the sale of shares in this offering.

Goldman, Sachs & Co., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC, and UBS Securities LLC, will act as joint book-running managers for this offering.


Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here



You May Also Be Interested In


Related Categories

Corporate News, Equity Offerings

Related Entities

Credit Suisse, Deutsche Bank, UBS, Morgan Stanley, Merrill Lynch

Add Your Comment