Replaces Existing Form S-3 Registration Statement for the Same Purpose
TOLEDO, Ohio, Feb. 29 /PRNewswire-FirstCall/ -- Owens Corning (NYSE:
OC) today announced that it has filed a shelf registration statement on
Form S-3 with the U.S. Securities and Exchange Commission, providing for
the secondary sale, from time to time, of currently issued and outstanding
shares of the company's common stock. The new registration statement, which
takes advantage of the company's status as a Well Known Seasoned Issuer
(WKSI), replaces an existing Form S-3 registration statement for the same
purpose.
Under the shelf process, one or more of the selling stockholders to be
named in a prospectus supplement may offer and sell, from time to time,
shares of the company's common stock. All shares covered by the shelf
registration statement are currently issued and outstanding. Owens Corning
would not receive any proceeds from any offering covered by the shelf
registration statement.
About Owens Corning Owens Corning (NYSE: OC) is a leading global
producer of residential and commercial building materials, glass fiber
reinforcements and engineered materials for composite systems. A Fortune
500 company for 53 consecutive years, Owens Corning is committed to driving
sustainability through delivering solutions, transforming markets and
enhancing lives. Founded in 1938, Owens Corning is a market-leading
innovator of glass fiber technology with sales of $5 billion in 2007 and
19,000 employees in 26 countries on five continents. Additional information
is available at http://www.owenscorning.com.
SOURCE Owens Corning
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Related links:
http://www.owenscorning.com
http://www.prnewswire.com/comp/677350.html /
CONTACT:
Jason Saragian, +1-419-248-8987, or Investor
Inquiries, Scott Deitz, +1-419-248-8935, both of Owens Corning
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