Accuride Announces Secondary Common Stock Offering By Selling Stockholders
EVANSVILLE, Ind.--Accuride Corporation announced today the underwritten public offering of 3,238,042 shares of its common stock by KKR 1996 GP L.L.C. and Caravelle Investment Fund, L.L.C. Accuride will not receive any proceeds from this offering. The total number of shares of common stock outstanding will not change as a result of this offering.
Bear, Stearns & Co. Inc. is acting as sole book-running manager and sole underwriter for this offering. The offering of the securities is made only by means of a written prospectus and related prospectus supplement forming a part of the effective registration statement. When available, copies of the prospectus and prospectus supplement relating to this offering may be obtained from Bear, Stearns & Co. Inc., 383 Madison Avenue, New York, NY 10179 or by phone at (866) 803-9204.
The shares are being offered pursuant to an effective registration statement that was previously filed with the Securities and Exchange Commission. This press 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 jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such jurisdiction.
Accuride Corporation is one of the largest and most diversified manufacturers and suppliers of commercial vehicle components in North America. Accuride’s products include commercial vehicle wheels, wheel-end components and assemblies, truck body and chassis parts, seating assemblies and other commercial vehicle components. Accuride’s products are marketed under its brand names, which include Accuride, Gunite, Imperial, Bostrom, Fabco and Brillion. For more information, visit Accuride’s website at http://www.accuridecorp.com.