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April 2, 2011

Goodyear makes a quick $484 million

Goodyear Tire & Rubber Co. has closed its previously announced public offering of mandatory convertible preferred stock. The offering was made on March 28, 2011.

Tags: Goodyear financials, Stock offering

January 21, 2011

Titan says 'bye, bye' to $59.6 million in debt

Titan International Inc. announced that on January 19, 2011, it closed its Exchange Agreement for 5.625% Convertible Senior Subordinated Notes due 2017.

Tags: Morry Taylor, Stock offering

October 3, 2010

Michelin launches billion dollar stock offering

Last week, Groupe Michelin launched an estimated 1.2 billion euro ($1.6 billion) stock offering that will remain open until the close of trading on Oct. 13, 2010. Specifically, it was "a capital increase via an offering of preferential subscription rights to existing shareholders."

Tags: Jean-Dominique Senard, Michelin financials, Plant capacity, Stock offering

March 7, 2010

Titan doubles its number of available shares

At a special meeting held on March 4, 2010, in Quincy, Ill., Titan International Inc.'s stockholders approved an amendment to the company’s "Amended and Restated Articles of Incorporation" to increase the number of authorized shares of common stock from 60 million shares to 120 million shares.

Tags: Morry Taylor, Stock offering, Titan financials

February 7, 2010

ATD proposes common stock offering

American Tire Distributors Holdings Inc. filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) on Friday, Feb. 5, 2010. The statement in connection with a proposed initial public offering of its common stock.

Tags: ATD financials, SEC, Stock offering

December 21, 2009

Titan closes notes offering

Titan International Inc. has closed its offering of $172.5 million principal amount of 5.625% Convertible Senior Subordinated Notes due 2017. The notes included the exercise in full of the initial purchasers’ option to purchase $22.5 million principal amount of additional notes to cover over-allotments.

Tags: Stock offering, Titan financials

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