PENDLETON, Ind., March 25, 2011 /PRNewswire/ -- Remy International, Inc. today announced that it has filed a Registration Statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to a proposed public offering of shares of its common stock (the "Offering").
Remy International intends to use the net proceeds from the Offering for general corporate purposes, which may include debt reduction, acquisition of one or more companies or businesses and product and geographic expansion.
J.P. Morgan, BofA Merrill Lynch, and UBS Investment Bank are acting as joint book-running managers. When available, copies of the preliminary prospectus for the Offering may be obtained from J.P. Morgan Securities LLC, at Broadridge Financial Solutions, 1155 Long Island Ave., Edgewood, NY 11717 or by telephone at 631-254-1735, BofA Merrill Lynch, at 4 World Financial Center, New York, NY 10080, Attn: Prospectus Department or by email at email@example.com, or UBS Investment Bank, at 299 Park Avenue, New York, NY 10171, Attention: Prospectus Department, or by telephone toll-free at 888-827-7275.
If you have any questions, please contact Fred Knechtel at 765-778-6871.
A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This release does not constitute an offer to sell or the solicitation of any offer to buy the securities, and there shall not be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful prior the registration or qualification under the securities laws of any such state.
About Remy International, Inc.
Remy International, Inc., headquartered in Pendleton, Indiana, is a global manufacturer, remanufacturer and distributor of light and heavy duty starters and alternators. Remy International also manufactures and distributes electric traction motors.
SOURCE Remy International, Inc.