Koppers Holdings Inc. Announces Closing of Its Initial Public Offering
February 07 2006 - 8:05AM
PR Newswire (US)
PITTSBURGH, Feb. 7 /PRNewswire-FirstCall/ -- February 6, 2006 -
Koppers Holdings Inc. (the "Company") (NYSE:KOP) announced today
that it has consummated its initial public offering of 11,500,000
shares of common stock, of which 8,700,000 shares were offered by
the Company and 2,800,000 were offered by shareholders of the
Company. The shares sold by the selling shareholders included
1,500,000 shares sold in connection with the exercise in full by
the underwriters of their over-allotment option. Credit Suisse
Securities (USA) LLC and UBS Securities LLC acted as joint
book-running managers of the offering and First Analysis Securities
Corporation, Jefferies & Company, Inc. and KeyBanc Capital
Markets, a division of McDonald Investments Inc., acted as
co-managers for the offering. A copy of the prospectus relating to
these securities may be obtained from the prospectus department of
either Credit Suisse Securities (USA) LLC, 11 Madison Avenue, New
York, New York 10010, 212-325-2580 or UBS Securities LLC, 299 Park
Avenue, New York, New York 10171, 212-821-3000. The registration
statement relating to these securities has been filed with and
declared effective by the Securities and Exchange Commission. This
release shall not constitute an offer to sell or the solicitation
of an offer to buy, 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 any such State. Koppers Holdings Inc. is a
global integrated producer of carbon compounds and treated wood
products. Including its joint ventures, Koppers operates 36
facilities in the United States, United Kingdom, Denmark,
Australia, China, the Pacific Rim and South Africa. First Call
Analyst: FCMN Contact: hilinskirm@koppers.com DATASOURCE: Koppers
Holdings Inc. CONTACT: Brian H. McCurrie, Vice President, Chief
Financial Officer of Koppers Holdings Inc., +1-412-227-2153, or Web
site: http://www.koppers.com/
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