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 (866) 471-2526 or by emailing prospectus-ny@ny.email.gs.com; Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, NY 10010, by calling toll-free (800) 221-1037 or by emailing newyork.prospectus@credit-suisse.com; Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005, by calling toll-free (800) 503-4611 or by emailing prospectus.CPDG@db.com; Merrill Lynch, Pierce, Fenner & Smith Incorporated, Attention: Prospectus Department, 222 Broadway, 7th Floor, New York, NY 10038, by emailing dg.prospectus_requests@baml.com; Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, by emailing psospectus@morganstanley.com; and UBS Investment Bank, Attention: Prospectus Department, 299 Park Avenue, New York, NY 10171, by calling toll-free (888) 827-7275.

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.

About Metals USA

Metals USA provides a wide range of products and services in the heavy carbon steel, flat-rolled steel, non-ferrous metals, and building products markets. The information contained in this release is limited and the Company encourages interested parties to read its historical Form 10-Ks and Form 10-Qs, which are on file with the Securities and Exchange Commission, for more complete historical information about the Company.

SOURCE Metals USA Holdings Corp.



RELATED LINKS
http://www.metalsusa.com

Best of Content We Love 2014 


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.