American Commercial Lines Inc. Files for Initial Public Offering
July 19 2005 - 3:56PM
PR Newswire (US)
American Commercial Lines Inc. Files for Initial Public Offering
JEFFERSONVILLE, Ind., July 19 /PRNewswire-FirstCall/ -- American
Commercial Lines Inc. ("Company" or "ACL") (Pink Sheets: ACOM)
announced today that it has filed a registration statement with the
Securities and Exchange Commission for a proposed public offering
of its common stock. The shares to be offered include shares held
by a stockholder of ACL. The number of shares to be offered and the
price range for the offering have not yet been determined. Merrill
Lynch & Co. and UBS Investment Bank will be acting as joint
bookrunners for this offering. Banc of America Securities, Credit
Suisse First Boston and Deutsche Bank Securities will be
co-managers. This offering will be made only by means of a
prospectus. When available, a preliminary prospectus relating to
the offering may be obtained from Merrill Lynch & Co., 4 World
Financial Center, 5th Floor 250 Vesey Street, New York, NY 10080,
and UBS Securities LLC, Prospectus Dept., 299 Park Avenue, New
York, NY 10171. A registration statement relating to these
securities has been filed with the Securities and Exchange
Commission but has not yet become effective. These securities may
not be sold nor may offers to buy be accepted prior to the time
such registration statement becomes effective. This press release
shall not constitute an offer to sell or the solicitation of an
offer to buy, nor will 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 such State or jurisdiction. American
Commercial Lines Inc., headquartered in Jeffersonville, Indiana is
an integrated marine transportation, manufacturing and service
company operating in the United States Jones Act trades, with
revenues of more than $600 million and approximately 2,600
employees. For more information about ACL generally, visit
http://www.aclines.com/ . DATASOURCE: American Commercial Lines
Inc. CONTACT: Christopher Black, SVP and CFO of American Commercial
Lines Inc., +1-812-288-1836 Web site: http://www.aclines.com/
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