HOUSTON, Nov. 6, 2013 /PRNewswire/ -- MRC Global Inc.
(NYSE:MRC) announced today a registered underwritten public
offering of 17,489,233 shares of the company's common stock held by
investment funds managed by the Merchant Banking Division of The
Goldman Sachs Group, Inc. (Goldman Sachs MBD). Following the
offering, Goldman Sachs MBD will no longer own any shares of the
company. The company will not receive any of the proceeds of this
offering, and the total number of shares of common stock
outstanding will not change as a result of this offering.
Barclays Capital Inc. is acting as the sole underwriter of
the offering.
An automatic shelf registration statement relating to these
securities was filed on March 4, 2013
with the Securities and Exchange Commission (the SEC) and became
effective upon such filing. The offering will be made only by means
of a prospectus and related prospectus supplement, copies of which
may be obtained from:
Barclays Capital Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Telephone: 888-603-5847
Email:Barclaysprospectus@broadridge.com
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 state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any state or
jurisdiction.
The company has filed a registration statement (including a
prospectus) with the SEC for the offering to which this
communication relates. Before you invest, you should read the
prospectus in that registration statement and other documents the
company has filed with the SEC for more complete information about
the company and this offering. You may get these documents for free
by visiting EDGAR on the SEC Web site at www.sec.gov.
Alternatively, the company, the underwriter or any dealer
participating in the offering (if any) will arrange to send you the
prospectus if you request it by contacting Barclays Capital Inc.
using the above contact details.
About MRC Global Inc.
Headquartered in Houston,
Texas, MRC Global, a Fortune 500 company, is the largest
global distributor, based on sales, of pipe, valves and fittings
(PVF) and related products and services to the energy and
industrial sectors and supplies these products and services across
each of the upstream, midstream and downstream sectors.
Contacts:
|
James E. Braun, Executive Vice President
and
|
Monica Schafer, Vice
President
|
Chief Financial
Officer
|
Investor Relations
|
MRC Global
Inc.
|
MRC Global Inc.
|
Jim.Braun@mrcglobal.com
|
Monica.Schafer@mrcglobal.com
|
832-308-2845
|
832-308-2847
|
SOURCE MRC Global Inc.