Olympic Steel seeks SEC OK to offer securities
Olympic Steel seeks SEC approval to offer debt or equity worth up to $200 million over 3 years
- On 2:36 pm EDT, Thursday October 29, 2009
CLEVELAND (AP) -- Olympic Steel Inc. said Thursday it is seeking regulatory approval to sell securities worth up to $200 million, including common shares.
The steel service center filed a shelf registration statement with the Securities and Exchange Commission that, upon approval, would grant the company approval to raise money through issuing debt or equity over three years.
In afternoon trading, shares rose 90 cents, or 3.4 percent, to $27.40.
Related Headlines
- OLYMPIC STEEL INC Financials - EDGAR Online Financials
- Olympic Steel, Inc. Q3 2009 Earnings Call Transcript - at Seeking Alpha
- Olympic Steel seeks SEC OK to offer securities - AP
- Olympic Steel Announces Shelf Registration Statement Filing - Business Wire
- OLYMPIC STEEL INC Files SEC form 8-K, Results of Operations and Financial Condition - EDGAR Online
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