MRC Global Prices 23M Share Offering Of Common Stock By PVF Holdings at $28.00/Share
MRC Global Inc. (NYSE: MRC) announced today that PVF Holdings LLC, the company's majority stockholder, has increased the size of its offering of the company's common stock from 17 million to 23 million shares and has agreed to sell these shares of the company's common stock at a price of $28.00 per share in a registered underwritten public offering. PVF Holdings LLC has granted the underwriters a 30-day option to purchase up to an aggregate of 3.45 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 is being made only by means of a prospectus and related prospectus supplement, copies of which may be obtained from:
Goldman, Sachs & Co.Attn: Prospectus Department200 West Street, New York, NY 10282Telephone: 866-471-2526Email: email@example.com
Barclaysc/o Broadridge Financial Solutions1155 Long