GrafTech Announces Secondary Offering of Common Stock by Existing Stockholder
GrafTech International Ltd. (NYSE: EAF) (GrafTech or the Company) today announced that an affiliate of Brookfield Asset Management Inc. and Brookfield Business Partners LP, members of the Brookfield consortium that has an existing ownership interest in GrafTech, intends, subject to market conditions, to offer 20,000,000 shares of GrafTech common stock in an underwritten secondary offering.
- GrafTech International Ltd. (NYSE: EAF) (GrafTech or the Company) today announced that an affiliate of Brookfield Asset Management Inc. and Brookfield Business Partners LP, members of the Brookfield consortium that has an existing ownership interest in GrafTech, intends, subject to market conditions, to offer 20,000,000 shares of GrafTech common stock in an underwritten secondary offering.
- The selling stockholder will receive all of the net proceeds from the offering.
- GrafTech is not offering any shares of common stock in the offering.
- The offering of the common stock will be made only by means of the prospectus and related prospectus supplement.