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Alcoa and BHP Billiton Announce Filing of Registration Statement for IPO of Integris Metals NEW YORK--(BUSINESS WIRE)--Aug. 22, 2004--Alcoa Inc. (NYSE:AA) and BHP Billiton today announced that Integris Metals Corporation has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for an initial public offering (IPO) of its common stock. Alcoa and BHP Billiton each own 50% of Integris Metals and plan to sell Integris Metals shares in the IPO as selling stockholders. The underwriters will also have an option to purchase additional shares of common stock from Integris Metals to cover over-allotments.
Integris Metals, a metals service center company engaged in the processing and distribution of metals, predominantly aluminum and stainless steel, was formed in November 2001 through the combination of Reynolds Aluminum Supply Company (RASCO) and NAMD, Inc., the metals distribution businesses of Alcoa and BHP Billiton, respectively.
Deutsche Bank Securities Inc., and J.P. Morgan Securities Inc., will act as the joint book-running managers of the offering. When available, copies of the preliminary prospectus may be obtained from Deutsche Bank Securities Inc., Attn: Syndicate Operations, 1251 Avenue of the Americas, New York, New York 10005; or J.P. Morgan Securities Inc., Prospectus Department, One Chase Manhattan Plaza, Floor 5B, New York, NY 10081
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.