BOISE CASCADE INCREASES OFFERING TO 7.5 MILLION SHARES
BOISE CASCADE INCREASES OFFERING TO 7.5 MILLION SHARES BOISE, Idaho, Jan. 21 /PRNewswire/ -- Boise Cascade Corp.
(NYSE: BCC) announced today that it has amended its registration statement filed with the Securities and Exchange Commission on Jan. 8 covering an offering of 7.0 million depositary shares. The amendment filed today increases the offering by 500,000 depositary shares to 7.5 million, each depositary share representing one-tenth of a share of conversion preferred stock, Series E -- a Yield Enhanced Stock or YES (SM).
Also, the underwriters, led by Goldman, Sachs & Co. of New York, will be granted the option to purchase up to an additional 75,000, for a total of 1,125,000 depositary shares, solely to cover overallotments, if any. Boise Cascade Corp. is an integrated paper and forest products company headquartered in Boise, Idaho, with operations located in the United States and Canada. The company manufactures and distributes paper and paper products, office products, and building products and owns and manages timberland to support these operations. -0- 1/21/92 /CONTACT: Vincent Hannity of Boise Cascade Corp., 208-384-6390, or after hours, 208-345-8141/ (BCC) CO: Boise Cascade Corp. ST: Idaho IN: PAP SU: OFR
LM -- SE003 -- 1716 01/21/92 10:30 EST
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|Date:||Jan 21, 1992|
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