MRC Global Inc. Announces Secondary Public Offering Of 17 Million Shares Of
Common Stock By Selling Stockholder
HOUSTON, March 4, 2013
HOUSTON, March 4, 2013 /PRNewswire/ --MRC Global Inc. (NYSE:MRC) announced
today that PVF Holdings LLC, the company's majority stockholder, has commenced
a registered underwritten public offering of 17 million shares of the
company's common stock. PVF Holdings LLC has granted the underwriters a
30-day option to purchase up to an aggregate of 2.55 million additional
shares. The company will not receive any of the proceeds of the offering.
Goldman, Sachs & Co., Barclays and Baird are serving as joint-bookrunning
managers for the offering. BofA Merrill Lynch, Wells Fargo Securities and
Stephens Inc. are serving as lead managers. Raymond James, KeyBanc Capital
Markets and William Blair are serving 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 will be 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
c/o Broadridge Financial Solutions
1155 Long Island Ave.
Edgewood, NY 11717
Robert W. Baird & Co. Incorporated
Attn: Syndicate Department
777 E. Wisconsin Avenue
Milwaukee, WI 53202
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.
Ken Dennard, Managing Partner
Dennard - Lascar Associates
SOURCE MRC Global Inc.
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