Corning

(GLW) - Get Report

said on Thursday that it filed with regulators to sell up to $5 billion of debt and equity securities.

The fiber-optic cable and networking company will use the proceeds for general corporate purposes, according to a shelf registration filed with the

Securities and Exchange Commission

.

Shares of Corning fell 8 cents, or 0.3%, to $23.90 at the close of

New York Stock Exchange

trading.