March 4, 2013
/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., Barclays and
are serving as joint-bookrunning managers for the offering. BofA Merrill Lynch, Wells Fargo Securities and Stephens Inc. are serving as lead managers.
, KeyBanc Capital Markets and
are serving as co-managers.
An automatic shelf registration statement relating to these securities has been filed with the Securities and Exchange Commission and became effective upon such filing. 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
Barclaysc/o Broadridge Financial Solutions1155 Long Island Ave.
Robert W. Baird & Co. IncorporatedAttn: Syndicate Department777 E. Wisconsin Avenue
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.
James E. Braun
, EVP & Chief Financial OfficerMRC Global Inc.
, Managing PartnerDennard - Lascar Associates
SOURCE MRC Global Inc.