Printer Friendly

WITCO TO FILE $100 MILLION SHELF REGISTRATION

 WITCO TO FILE $100 MILLION SHELF REGISTRATION
 NEW YORK, Jan. 31 /PRNewswire/ -- Witco Corporation (NYSE: WIT)


announced today that it intends to file a shelf registration statement with the Securities and Exchange Commission covering up to $100 million of debt securities, either notes or debentures, to be offered from time to time only by means of a prospectus over a period of up to two years. The proceeds of any such offered securities will be used for general working capital, for the repayment or reduction of indebtedness, for the financing of acquisitions which complement or expand the company's business or for the funding of the company's ongoing capital spending programs.
 Witco has recently announced the redemption of $45 million of its 9-1/2 percent sinking fund debentures due 2009.
 Witco Corporation manufactures specialty chemical and petroleum products and engineered materials with annual sales in excess of $1.6 billion.
 -0- 1/31/92
 /CONTACT: C. R. Soderlind, 212-605-3813, or S. L. Levy, 212-605-3815, both of Witco/
 (WIT) CO: Witco Corporation ST: New York IN: CHM SU: OFR


JT-TM -- NY058 -- 5740 01/31/92 15:45 EST
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:Jan 31, 1992
Words:186
Previous Article:FORD CONCLUDES NEGOTIATIONS TO SELL DEALER COMPUTER SERVICES
Next Article:NEW HOME SALES DOWN 5.6 PERCENT IN 1991
Topics:


Related Articles
LIGHTING LUBE FILES EMERGENCY PETITION FOR 100 PERCENT BOND IN WITCO CASE, CITING WITCO'S DISCLOSURE OF POSSIBLE MAJOR ACQUISITION
WITCO TO FILE OPPOSITION PAPERS TO EMERGENCY PETITION FILED BY LIGHTNING LUBE
SHELF REGISTRATION FILED BY NEW ENGLAND TELEPHONE
WITCO ACQUIRES TWO EUROPEAN DIVISIONS OF SCHERING AG
WITCO CORPORATION FILES 2,500,000 SHARES OF COMMON STOCK AND DEBT SECURITY SHELF REGISTRATION
SHELF REGISTRATION FILED BY NEW ENGLAND TELEPHONE
WITCO NAMES LIU GROUP VICE PRESIDENT - ASIA PACIFIC
DRESSER INDUSTRIES FILES $500 MILLION SHELF REGISTRATION
Witco Announces a Three-Year Corporate Restructuring Plan
/C O R R E C T I O N -- Standard & Poor's - Witco Corp./(Correction Notice)

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters