LSB Files $200M Shelf Registration

Law360, New York (September 16, 2009, 2:20 PM EDT) -- Manufacturing and engineering company LSB Industries Inc. has filed a universal shelf registration of up to $200 million with the U.S. Securities and Exchange Commission.

The mixed securities shelf, filed Tuesday, is not yet effective, but allows the company to sell any combination of common and preferred stock, debt, and warrants at some point in the future.

“We do not have immediate plans to offer or sell our securities under the registration statement,”said Jack E Golson, chairman and CEO of LSB.

“The board of directors agreed...
To view the full article, register now.