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
Nov. 5, 2012 /PRNewswire/ -- MRC Global Inc. (NYSE:MRC) announced today that PVF Holdings LLC, the company's majority stockholder, has commenced a registered underwritten public offering of 17 million shares of the company's common stock. PVF Holdings LLC has granted the underwriters a 30-day option to purchase up to an aggregate of 2.55 million additional shares. The company will not receive any of the proceeds of the offering.
Goldman, Sachs & Co. and Barclays Capital Inc. are serving as joint-bookrunning managers for the offering. BofA Merrill Lynch,
Baird and Wells Fargo Securities are serving as lead managers. Stephens Inc.,
Raymond James, KeyBanc Capital Markets and
William Blair are serving as co-managers.
A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission. The offering will be made only by means of a prospectus and related prospectus supplement, copies of which may be obtained from:
Goldman, Sachs & Co.Attn: Prospectus Department200 West Street,
New York, NY 10282Telephone: 866-471-2526Email:
Barclaysc/o Broadridge Financial Solutions1155 Long Island Ave.
Edgewood, NY 11717Telephone: 888-603-5847Email:
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 state or jurisdiction.
Contacts:James E. Braun, EVP & Chief Financial OfficerMRC Global Inc.Jim.Braun@mrcpvf.com832-308-2845Ken Dennard, Managing PartnerDRG&Lksdennard@drg-l.com713-529-6600
SOURCE MRC Global Inc.