Molycorp (MCP) Prices Common Offering at $6/Share

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Go back to Molycorp (MCP) Prices Common Offering at $6/Share

Molycorp (MCP) Underwriters Exercise Full Overallotment in 37.5M Offering

February 5, 2013 5:13 PM EST

On January 30, 2013, Molycorp, Inc. (NYSE: MCP) closed the previously announced public offerings of 37,500,000 shares (the Primary Shares) of its common stock, par value $0.001 per share, at a price per share of $6.00 and $150 million aggregate principal amount of its 5.50% Convertible Senior Notes due 2018 (the Notes). On February 5, 2013, the... More

Molycorp (MCP) Higher after Equity Pricings

January 25, 2013 9:00 AM EST

Is the worst over for Molycorp (NYSE: MCP)?

Shares of the beaten-down rare earth miner are up over 1 percent after pricing an equity offering this morning.

Molycorp priced its previously announced public offering of 37,500,000 shares of its common stock at a price... More

Molycorp (MCP) Sinks 8% Early on Equity Offering

January 23, 2013 7:29 AM EST

Molycorp, Inc. (NYSE: MCP) is down 8% in pre-open trading Wednesday following its equity offering. The offering was widely expected. However, shares are up 50%+ from recent lows.

Molycorp intends to offer and sell $200 million of its common stock and $100 million aggregate principal amount of... More

Molycorp (MCP) To Offer $200M In Common Stock, $100M in Conv Notes

January 23, 2013 7:06 AM EST

Molycorp (NYSE: MCP) intends to offer and sell $200 million of its common stock and
$100 million aggregate principal amount of its Convertible Senior Notes due 2018 in separate registered public offerings.

The Company intends to use the net proceeds received from the Primary... More