Mueller Water Products, Inc. Announces Public Offering of Series A Common Stock

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Mwana	LSE:MWA	London	Ordinary Share	GB00B0GN3470	ORD 1P

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
	0	0		N/A	0

Mwana Africa (LSE:MWA)
Historical Stock Chart

From May 2019 to May 2024

Click Here for more Mwana Africa Charts.

ATLANTA, Sept. 14 /PRNewswire-FirstCall/ -- Mueller Water Products, Inc. (NYSE:MWA) ("Mueller") announced today that it is commencing a public offering of 27,500,000 shares of its Series A common stock pursuant to a shelf registration on Form S-3 filed on June 9, 2009 with the Securities and Exchange Commission. The underwriters will have a 30-day option to purchase up to 4,125,000 additional shares of its Series A common stock to cover over-allotments, if any. Mueller intends to use all of the net proceeds from the offering to repay a portion of indebtedness outstanding under its credit agreement. BofA Merrill Lynch and Goldman, Sachs & Co. will act as joint book-running managers of the equity offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state. The offering of these securities will be made only by means of the prospectus supplement and accompanying prospectus. Copies of the prospectus supplement and prospectus relating to the offering may be obtained from BofA Merrill Lynch, 4 World Financial Center, New York, NY 10080, Attn: Prospectus Department or Goldman, Sachs & Co., 85 Broad Street, New York, New York 10004, Attention: Prospectus Department, 1-866-471-2526, or by e-mail at . You may also obtain these documents by visiting the Securities and Exchange Commission's website at http://www.sec.gov/. Safe Harbor Statement Except for historical information contained herein, the statements in this release are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the actual results in future periods of Mueller Water Products to differ materially from forecasted results. Those risks include, among others, changes in customer orders and demand for our products; the liquidity of the credit markets; changes in raw material, labor, equipment and transportation costs; pricing actions by the Company and its competitors; changes in law or the uncertainty of the application of law and regulation; the ability to attract and retain management and employees; the inability to successfully execute management strategies with respect to cost containment, production increases or decreases, inventory control, and the integration of acquired businesses; and general changes in economic and financial conditions, residential and non-residential construction, and municipal spending. Risks associated with forward-looking statements are more fully described in our filings with the Securities and Exchange Commission. Mueller Water Products assumes no duty to update its forward-looking statements as of any future date. About Mueller Water Products, Inc. Mueller Water Products, Inc. is a leading North American manufacturer and marketer of infrastructure and flow control products for use in water distribution networks and treatment facilities. Its broad product portfolio includes engineered valves, fire hydrants, ductile iron pipe and pipe fittings, which are used by municipalities, as well as the residential and non-residential construction, oil & gas, HVAC and fire protection industries. With latest 12 months net sales as of June 30, 2009 of $1.6 billion, the Company is comprised of three operating segments: Mueller Co., U.S. Pipe and Anvil. Based in Atlanta, Georgia, the Company employs approximately 5,300 people. Series A common stock trades on the New York Stock Exchange under the ticker symbol MWA. For more information about Mueller Water Products, Inc., please visit the Company's Web site at http://www.muellerwaterproducts.com/. Investor Contact: Martie Edmunds Zakas Sr. Vice President - Strategic Planning & Investor Relations 770-206-4237 Media Contact: John Pensec Director - Corporate Communications & Public Affairs 770-206-4240 DATASOURCE: Mueller Water Products, Inc. CONTACT: Investors: Martie Edmunds Zakas, Sr. Vice President - Strategic, Planning & Investor Relations, +1-770-206-4237, ; Media: John Pensec, Director - Corporate Communications & Public Affairs, +1-770-206-4240, Web Site: http://www.muellerwaterproducts.com/

Market Data

News

Trading Tools

Markets

Discover

Hot Features

Follow Feed

Options Flow

Monitor

MWA Mwana