Noranda Aluminum (NOR) Prices 10M Secondary Offering
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Noranda Aluminum Holding Corporation (NYSE: NOR) has priced a public secondary offering of 10 million shares of its outstanding common stock by certain investment funds affiliated with or managed by Apollo Management VI, L.P. (“Apollo”). Apollo has also granted the underwriter an option to purchase up to 1.5 million additional shares of common stock.
Noranda will not receive any of the proceeds from the sale of shares of common stock by Apollo in the offering. The offering is scheduled to close on or about March 19, 2012.
Noranda will not receive any of the proceeds from the sale of shares of common stock by Apollo in the offering. The offering is scheduled to close on or about March 19, 2012.
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