TriMas Corporation Announces Pricing of Initial Public Offering of Common Stock
May 18 2007 - 11:13AM
PR Newswire (US)
BLOOMFIELD HILLS, Mich., May 18 /PRNewswire-FirstCall/ -- TriMas
Corporation -- a diversified growth company of high-end, specialty
niche businesses -- today announced the pricing of its initial
public offering of 11 million shares of common stock at $11 per
share. Shares of TriMas' common stock will begin trading on the New
York Stock Exchange (NYSE) today, under the symbol TRS. All shares
in the offering are being sold by TriMas and the company has
granted to the underwriters an option to purchase up to 1.65
million additional shares of its common stock at the public
offering price to cover any over-allotments. Net proceeds from this
offering are expected to approximate $109 million. Goldman, Sachs
& Co. and Merrill Lynch & Co. acted as joint book running
managers for the offering. A registration statement relating to
these securities has been filed with the United States Securities
and Exchange Commission and is now effective. This press release
shall not constitute an offer to sell or the solicitation of an
offer to buy these securities, nor shall there be any sale of these
securities in any state or jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction. The offering of the common stock may be made only by
means of a prospectus, copies of which may be obtained from:
Goldman, Sachs & Co., Prospectus Department, 85 Broad St., New
York, NY 10004, telephone: 212-902- 1171, fax: 212-902-9316, or
e-mail: ; or, from Merrill Lynch & Co., at 4 World Financial
Center, 250 Vesey Street, New York, NY, 10080, 212-449-1000. About
TriMas Headquartered in Bloomfield Hills, Mich., TriMas is a
diversified growth company of high-end, specialty niche businesses
manufacturing a variety of products for commercial, industrial and
consumer markets worldwide. TriMas is organized into five strategic
business groups: Packaging Systems, Energy Products, Industrial
Specialties, RV & Trailer Products, and Recreational
Accessories. TriMas has nearly 5,000 employees at 80 different
facilities in 10 countries. DATASOURCE: TriMas Corporation CONTACT:
E.R. "Skip" Autry, Chief Financial Officer of TriMas Corporation,
+1-248-631-5496
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