Metals USA Announces Proposed Secondary Offering Of Common Stock By Apollo

FORT LAUDERDALE, Fla., Aug. 6, 2012 /PRNewswire/ -- Metals USA Holdings Corp. (NYSE: MUSA) today announced a proposed secondary offering of 4,000,000 shares of its common stock by certain investment funds (the "Funds") affiliated with Apollo Global Management LLC (NYSE: APO) (collectively, with its subsidiaries, "Apollo").  In addition, the Funds will grant the underwriters a 30-day option to purchase up to an additional 600,000 shares of common stock.  Metals USA Holdings Corp. is not offering any shares of common stock in the offering and will not receive any proceeds from the sale of shares in this offering.

Goldman, Sachs & Co., Credit Suisse Securities ( USA) LLC, Deutsche Bank Securities Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC, and UBS Securities LLC, will act as joint book-running managers for this offering.

A shelf registration statement (including prospectus) relating to the shares of the common stock is effective with the Securities and Exchange Commission.  You may obtain a copy of the preliminary prospectus supplement, the accompanying prospectus and the final prospectus supplement, when available, for free by visiting EDGAR on the Securities and Exchange Commission website at www.sec.gov .  Copies of the prospectus and prospectus supplement, when available, may be obtained by contacting: Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, NY 10282, by calling toll-free [phone] or by emailing [e-mail]; Credit Suisse Securities ( USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, NY 10010, by calling toll-free [phone] or by emailing [e-mail]; Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005, by calling toll-free [phone] or by emailing [e-mail]; Merrill Lynch, Pierce, Fenner & Smith Incorporated, Attention: Prospectus Department, 222 Broadway, 7th Floor, New York, NY 10038, by emailing [e-mail]; Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, by emailing [e-mail]; and UBS Investment Bank, Attention: Prospectus Department, 299 Park Avenue, New York, NY 10171, by calling toll-free [phone].

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

1 2 Next › Last »