CENTRAL PARKING CORPORATION FILES REGISTRATION STATEMENT FOR OFFERING OF 4,510,000 SHARES OF COMMON STOCK.NASHVILLE, Tenn.--(BUSINESS WIRE)--March 24, 1997--Central Parking Corporation (NYSE NYSE See: New York Stock Exchange :PK) today announced the filing of a registration statement with the Securities and Exchange Commission in connection with a public offering of 4,100,000 shares of common stock. The Company plans to offer 3,300,000 of the shares, and 800,000 shares will be offered by certain selling shareholders. The Company will also grant the underwriters an over-allotment option for an additional 410,000 shares. J.C. Bradford & Co., William Blair
Proceeds to the Company from the offering will be used to repay indebtedness. Central Parking Corporation, headquartered in Nashville, Tennessee “Nashville” redirects here. For other uses, see Nashville (disambiguation). Nashville is the capital and the second most populous city of the U.S. state of Tennessee, after Memphis. , is a leading provider of parking services in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The Company currently operates 1,500 parking facilities containing approximately 650,000 spaces at locations in 34 states, the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , Canada, Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. , the United Kingdom, Mexico, Germany and Puerto Rico. The Company provides parking consulting services in Malaysia and Spain and has a business development office in Amsterdam. Copies of the preliminary prospectus Preliminary Prospectus A first draft registration statement filed by a firm prior to proceeding with an initial public offering of securities. The document, filed with the Securities & Exchange Commission, is intended to provide pertinent information to prospective shareholders are available from J.C. Bradford & Co., 330 Commerce Street, Nashville, Tennessee 37201; William Blair & Company, 222 W. Adams Street, Chicago, Illinois 60606 and Equitable Securities Corporation, 511 Union Street, Nashville, Tennessee 37219. 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 the Registration Statement becomes effective. 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 the securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. CONTACT: Central Parking Corporation, Nashville Steve Tisdell, 615/297-4255 |
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