Noranda Announces Proposed Follow-on Offering of Common Stock

Thursday, Dec 02, 2010
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FRANKLIN, Tenn., Dec 01, 2010 (BUSINESS WIRE) -- Noranda Aluminum Holding Corporation   announced a proposed public offering of its common stock. Noranda intends to offer 10,000,000 shares and expects to grant the underwriters an option to purchase up to an additional 1,500,000 shares to cover overallotments. The company intends to use the proceeds of the offering to repay or repurchase outstanding indebtedness.


BofA Merrill Lynch and Morgan Stanley & Co. Incorporated are acting as the global coordinators and joint book-running managers of the offering, and Citi, Credit Suisse Securities (USA) LLC, Goldman, Sachs & Co. and UBS Securities LLC are acting as the joint book-running managers of the offering.


About the Company


Noranda Aluminum Holding Corporation is a leading North American integrated producer of value-added primary aluminum products, as well as high quality rolled aluminum coils. Noranda is a public company controlled by affiliates of its private equity sponsor.

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