Dahlman Rose Downgrades Molycorp (MCP) to Hold
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Molycorp (MCP) Sinks 8% Early on Equity Offering
January 23, 2013 7:29 AM ESTMolycorp, 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 ESTMolycorp (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
