MRC Global Inc. Closes Public Offering Of Common Stock By Selling Stockholder

Mar 12, 2013, 13:07 ET from MRC Global Inc.

HOUSTON, March 12, 2013 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) announced today the closing of the offering of 26.45 million shares of the company's common stock by PVF Holdings LLC, a selling stockholder, at a price to the public of $28.00 per share in a registered underwritten public offering.  The 26.45 million shares sold in the offering include shares issued upon the exercise by the underwriters of their option to purchase an additional 3.45 million shares.  The company will not receive any of the proceeds of the offering. 

Goldman, Sachs & Co., Barclays and Baird served as joint-bookrunning managers for the offering.  BofA Merrill Lynch, Wells Fargo Securities and Stephens Inc. served as lead managers.  Raymond James, KeyBanc Capital Markets and William Blair served 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 was made only by means of a prospectus and related prospectus supplement, copies of which may be obtained from:

Goldman, Sachs & Co. Attn: Prospectus Department 200 West Street, New York, NY 10282 Telephone: 866-471-2526 Email:

Barclays c/o Broadridge Financial Solutions 1155 Long Island Ave. Edgewood, NY 11717 Telephone: 888-603-5847 Email:

Robert W. Baird & Co. Incorporated Attn: Syndicate Department 777 E. Wisconsin Avenue Milwaukee, WI 53202 Telephone: 800-792-2473 Email:

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 Officer MRC Global Inc. 832-308-2845

Ken Dennard, Managing Partner Dennard ▪ Lascar Associates 713-529-6600

SOURCE MRC Global Inc.