05
Mar
15:43
GrafTech prepares new secondary stock offering
US graphite electrode producer GrafTech International is launching a secondary stock offering, Kallanish learns from a company release.
The offering consists of 17.5 million shares of common stock held by majority shareholder Brookfield Business Partners. The offering’s underwriters will have a 30-day option to purchase up to 2.625m extra shares.
In August, the company priced a secondary offering of 23m shares at $20/share. That offering closed on 13 Au…
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Anonymous
Very good overview of the weekly steel market.
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