Printer Friendly

CONE MILLS CORPORATION ANNOUNCES INITIAL PUBLIC OFFERING OF COMMON STOCK

CONE MILLS CORPORATION ANNOUNCES INITIAL PUBLIC OFFERING OF COMMON STOCK
 GREENSBORO, N.C., June 18 /PRNewswire/ -- Cone Mills Corporation (NYSE: COE) today announced the initial public offering of 6,000,000 shares of common stock in the United States and internationally at a price of $10 per share pursuant to a registration statement declared effective today. The shares are listed for trading on the New York Stock Exchange under the symbol "COE."
 Prudential Securities Incorporated and J.P. Morgan Securities, Inc. are acting as co-managers of the United States and international offerings. The company has also granted to the underwriters an overallotment option to purchase up to an additional 900,000 shares. All of the shares are being offered by the company.
 Cone Mills Corporation, headquartered in Greensboro, N.C., is the largest producer of denim fabrics in the world and the largest printer of home furnishing fabrics in the United States.
 A copy of the prospectus relating to the offering may be obtained from Prudential Securities Incorporated, 199 Water Street, New York, New York 10292, or J.P. Morgan Securities, Inc., 60 Wall Street, New York, New York 10260.
 -0- 6/18/92
 /CONTACT: E. Frank Fary, Jr., Manager, Public Relations, Cone Mills Corporation, 919-379-6251/
 (COE) CO: Cone Mills Corporation ST: North Carolina IN: TEX SU: OFR


CM -- CH003 -- 1429 06/18/92 10:36 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jun 18, 1992
Words:227
Previous Article:PEI COMPLETES $30 MILLION SENIOR NOTES OFFERING
Next Article:ELAN'S LONG-ACTING DILTIAZEM APPROVED IN EIGHT EUROPEAN COUNTRIES
Topics:


Related Articles
CONE MILLS CORPORATION ANNOUNCES RESULTS
CONE MILLS CORPORATION ANNOUNCES RESULTS
CONE MILLS ANNOUNCES DEBT REFINANCING
CONE MILLS CORPORATION ANNOUNCES THIRD QUARTER RESULTS
CONE MILLS FILES REGISTRATION FOR SECONDARY SALE OF 5,000,000 COMMON SHARES PURCHASED BY BANK AFFILIATES IN 1984
CONE MILLS CORPORATION ANNOUNCES FIRST QUARTER 1993 INCREASES IN SALES AND EARNINGS
CONE MILLS AUTHORIZES REPURCHASE OF COMMON SHARES
CONE MILLS ANNOUNCES INTENTION TO SELL $100 MILLION OF DEBENTURES
Hendry, Kozberg, and Others Increase Interest in Cone Mills Corporation.
Hendry, Kozberg Increase Interest in Cone Mills Corporation, Express Concern Over Board Leadership.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters