BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--
TriMas Corporation (NASDAQ: TRS) — a diversified global manufacturer of
engineered and applied products — today announced that it has upsized
its previously announced public offering from 3,750,000 to 4,500,000
shares of its common stock and priced the offering at a price to the
public of $35.40. The underwriters have a 30-day option to purchase up
to an additional 675,000 shares from TriMas. Settlement of the offering
is expected to occur on September 16, 2012. TriMas expects to use its
proceeds from the sale of the common stock for general corporate
purposes.
Deutsche Bank Securities and J.P. Morgan are acting as joint bookrunners
for the offering. BofA Merrill Lynch, Goldman, Sachs & Co. and Wells
Fargo Securities are also acting as joint bookrunners for the offering.
KeyBanc, Barrington Research Associates, Roth Capital Partners and
Sidoti & Company are acting as the co-managers for the offering.
The public offering is being made only by means of a prospectus and
related prospectus supplement, copies of which may be obtained from
either: Deutsche Bank Securities Inc., Attention: Prospectus Group, 60
Wall Street, New York, New York 10005-2836, telephone: 800-503-4611, or
by emailing: prospectus.CPDG@db.com;
or J.P. Morgan Securities LLC, Attention: Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, New York 11717-8309,
telephone: 866-803-9204.
The common stock will be offered pursuant to an effective registration
statement filed with the Securities and Exchange Commission. This press
release shall not constitute an offer to sell or a solicitation of an
offer to buy, nor shall there be any sale of these securities in any
state or jurisdiction in which such an offer, solicitation or sale would
be unlawful prior to registration or qualification under the securities
laws of any such state or jurisdiction.
About TriMas
Headquartered in Bloomfield Hills, Michigan, TriMas Corporation (NASDAQ:
TRS) provides engineered and applied products for growing markets
worldwide. TriMas is organized into six reportable segments:
Packaging, Energy, Aerospace & Defense, Engineered Components, Cequent
APEA and Cequent Americas. TriMas has approximately 5,500 employees at
more than 60 facilities in 17 countries.
Cautionary Notice Regarding Forward-looking
Statements
Any "forward-looking" statements contained herein, including those
relating to market conditions or the Company's financial condition and
results, expense reductions, liquidity expectations, business goals and
sales growth, involve risks and uncertainties, including, but not
limited to, risks and uncertainties with respect to general economic and
currency conditions, various conditions specific to the Company's
business and industry, the Company's leverage, liabilities imposed by
the Company's debt instruments, market demand, competitive factors,
supply constraints, material and energy costs, technology factors,
litigation, government and regulatory actions, the Company's accounting
policies, future trends, and other risks which are detailed in the
Company's Annual Report on Form 10-K for the fiscal year ended December
31, 2012, and in the Company's Quarterly Reports on Form 10-Q. These
risks and uncertainties may cause actual results to differ materially
from those indicated by the forward-looking statements. All
forward-looking statements made herein are based on information
currently available, and the Company assumes no obligation to update any
forward-looking statements.
TriMas Corporation
Sherry Lauderback
VP, Investor Relations &
Communications
(248) 631-5506
SherryLauderback@trimascorp.com
Source: TriMas Corporation
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