SOURCE: Koppers Holdings Inc.

Koppers Holdings Inc.

July 01, 2009 17:28 ET

Koppers Files Replacement Shelf Registration

PITTSBURGH, PA--(Marketwire - July 1, 2009) - Koppers Holdings Inc. (NYSE: KOP) announced today that it filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission, which, if and when declared effective, will permit the Company, from time to time, to offer and sell up to $325 million of debt securities, equity securities and other financial instruments. No securities may be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. The shelf registration statement will provide the Company with greater flexibility to raise capital to take advantage of potential opportunities such as debt refinancing or acquisitions. When it becomes effective, the new shelf registration statement will replace the Company's previously filed shelf registration, which will expire on September 7, 2009. The Company does not currently have any plans to make any offers or sales under the new shelf registration statement. Once the registration statement becomes effective, the terms of any future offering pursuant to the registration statement would be established at the time of the offering.

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 in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

A copy of the prospectus included in the registration statement may be obtained on the SEC's website at subsequent to the actual filing. In addition, the Company would file a prospectus supplement with the SEC in connection with any offering under the shelf registration statement. The information on the Company's web site is not a part of the registration statement, the prospectus or any prospectus supplement which may be issued under the registration statement.

About Koppers

Koppers, with corporate headquarters and a research center in Pittsburgh, Pennsylvania, is a global integrated producer of carbon compounds and treated wood products. Including its joint ventures, Koppers operates facilities in the United States, United Kingdom, Denmark, Australia, and China. The stock of Koppers Holdings Inc. is publicly traded on the New York Stock Exchange under the symbol "KOP." For more information, visit us on the Web: Questions concerning investor relations should be directed to Brian H. McCurrie at 412 227 2153 or Michael W. Snyder at 412 227 2131.

Safe Harbor Statement

Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and may include, but are not limited to, statements about sales levels, restructuring, profitability and anticipated expenses and cash outflows. All forward-looking statements involve risks and uncertainties. All statements contained herein that are not clearly historical in nature are forward-looking, and words such as "believe," "anticipate," "expect," "estimate," "may," "will," "should," "continue," "plans," "intends," "likely," or other similar words or phrases are generally intended to identify forward-looking statements. Any forward-looking statement contained herein, in press releases, written statements or other documents filed with the SEC, or in Koppers communications with and discussions with investors and analysts in the normal course of business through meetings, phone calls and conference calls, regarding expectations with respect to sales, earnings, cash flows, operating efficiencies, product introduction or expansion, the benefits of acquisitions and divestitures or other matters as well as financings and repurchases of debt or equity securities, are subject to known and unknown risks, uncertainties and contingencies. Many of these risks, uncertainties and contingencies are beyond our control, and may cause actual results, performance or achievements to differ materially from anticipated results, performance or achievements.

Contact Information

  • For Information:
    Brian H. McCurrie
    Vice President, Chief Financial Officer
    412 227 2153
    Email Contact