PolyOne (POL) Announces $450M Shelf Registration
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PolyOne Corporation (NYSE: POL) services and solutions, announced today that it has filed a universal shelf registration statement on Form S-3 with the U.S. Securities and Exchange Commission (SEC).
The shelf registration statement, when declared effective by the SEC, will provide PolyOne with the flexibility to offer and sell from time to time in the future, in one or more public offerings, up to $450 million of equity, debt, or other types of securities described in the registration statement, or any combination of such securities.
The proceeds of the securities may be used for general corporate purposes, including acquisitions, capital expenditures and repayment of debt.
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