This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Libbey Inc. Announces Closing Of Secondary Public Offering Of Common Stock And Exercise Of Over-Allotment Option

TOLEDO, Ohio, Aug. 18 /PRNewswire-FirstCall/ -- Libbey Inc. (NYSE Amex: LBY) announced today that it closed its previously announced secondary offering of 4,400,001 shares of its common stock on behalf of Merrill Lynch PCG, Inc., the selling stockholder, at a price to the public of $10.25 per share.  The total offering size reflects the underwriters' exercise of their option to purchase an additional 573,913 shares of common stock, on the same terms and conditions, to cover over-allotments.  

Libbey did not sell any shares in the offering or receive any proceeds from the offering.

BofA Merrill Lynch acted as sole book-running manager of the equity offering.  Stephens Inc. was co-manager for the offering.

Information about the offering is available in the prospectus supplement for the offering filed with the Securities and Exchange Commission.  A copy of the prospectus supplement may be obtained at the Securities and Exchange Commission's website, at http://www.sec.gov or by contacting BofA Merrill Lynch, at 4 World Financial Center, New York, NY 10080, Attn: Prospectus Department or email dg.prospectus_requests@baml.com.  

A shelf registration statement relating to the securities being offered has been filed with the Securities and Exchange Commission and has become effective.  The offering of securities is made only by means of a written prospectus and related prospectus supplement forming a part of the effective registration statement.  This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.  Any offer or sale will be made only by means of the written prospectus forming part of the effective registration statement.  

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
LBY $39.85 0.00%
AAPL $124.75 0.00%
FB $80.78 0.00%
GOOG $524.05 0.00%
TSLA $206.79 0.00%

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs