Noranda Aluminum Closes Public Offering Of 10 Mln Shares At $11.35/Shr

Saturday, Dec 11, 2010
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(RTTNews) - Noranda Aluminum Holding Corp. (NOR) Friday said it completed its previously announced public offering of 10 million shares of its common stock at a public offering price of $11.35 per share. The net proceeds from the offering were approximately $106.2 million after deducting underwriting discounts and the estimated expenses of the offering payable by Noranda. The underwriters have been granted a 30-day option to purchase up to 1.5 million additional common shares from Noranda at the public offering price.


Noranda Aluminum Holding Corporation is a North American integrated producer of value-added primary aluminum products.

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