Noranda Aluminum Files for 2PO
November 17, 2010- Share:
Noranda Aluminum (NYSE: NOR), a manufacturer of aluminum products, has filed for a secondary public offering. The company intends to use the net proceeds to repay or repurchase indebtedness. Noranda has been backed by Apollo Global Management since an approximately $1.15 billion buyout in 2007 and went public last May in an $80 million IPO. Apollo owns approximately 80% of the company's stock.
- Share:
-
-
-
-