MRC Global Inc. Prices Secondary Public Offering of 17,489,233 Shares Of Common Stock By Selling Stockholders

HOUSTON, Nov. 7, 2013 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) announced today that investment funds managed by the Merchant Banking Division of The Goldman Sachs Group, Inc. (Goldman Sachs MBD) have agreed to sell 17,489,233 shares of the company's common stock in a registered underwritten public offering. Barclays Capital Inc. is acting as the sole underwriter of the offering.  The price to the public in the offering is $28.90 per share. Following the offering, Goldman Sachs MBD will no longer own any shares of the company. The company will not receive any of the proceeds of this offering.  The offering is subject to customary closing conditions and is expected to close on November 13, 2013.

An automatic shelf registration statement relating to these securities was filed on March 4, 2013 with the Securities and Exchange Commission (the SEC) and became effective upon such filing. The offering will be made only by means of a prospectus and related prospectus supplement, copies of which may be obtained from:

Barclays Capital Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Telephone: 888-603-5847
Email: [email protected]

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.

SOURCE MRC Global Inc.

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