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Business Wire (Free subscription) | 24/11/2009
LAKE FOREST, Ill.--(BUSINESS WIRE)--Tenneco Inc. (NYSE:TEN) today announced that it successfully completed the previously announced public offering of 12,000,000 shares of its common stock at a price of $16.50 per share. Tenneco received $198 million in gross proceeds and approximately $187 million in net proceeds, after expenses, from the sale of its common stock. Tenneco...
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Rocky Mount Telegram - Business (Free subscription) | 24/11/2009
LAKE FOREST, Ill. — Tenneco Inc. said Tuesday it has raised in a public offering $187 million,...
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Seattle Post-Intelligencer (Free subscription) | 24/11/2009
LAKE FOREST, Ill. -- Tenneco Inc. said Tuesday it has raised in a public offering $187 million, which the car parts maker will use to repay debt and for general corporate purposes.
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Auto Channel (Free subscription) | yesterday
Copies of the final prospectus supplement and the accompanying prospectus relating to the offering are available from the SEC, including from its website at http://www.sec.gov; or from the offices of J.P. Morgan Securities Inc., Attention: Broadridge Financial Solutions, 1155 Long Island Ave, Edgewood, NY 11717; or BofA Merrill Lynch, 4 World Financial Center, New York, NY 10080, Attention:...
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Miami Herald (Free subscription) | 24/11/2009
Tenneco Inc. said Tuesday it has raised in a public offering $187 million, which the car parts maker will use to repay debt and for general corporate purposes.
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Seattle Times (Free subscription) | 24/11/2009
Tenneco Inc. said Tuesday it has raised in a public offering $187 million, which the car parts maker will use to repay debt and for general corporate purposes.
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ABC News (Free subscription) | 24/11/2009
Tenneco to use $187 million in public offering to repay debt, general corporate purposes Initial public offering - Business - Financial Services - Financial Planning - Debt Consolidation
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Star Tribune (Free subscription) | 24/11/2009
| Tenneco to use $187 million in public offering to repay debt, general corporate purposesAssociated Press Last update: November 24, 2009 - 1:38 PMPrint this story Minnesota business by the numbersSee Minnesota's top earning companies, CEOs and non-profits More from LAKE FOREST, Ill. - Tenneco Inc. said Tuesday it has raised in a public offering $187 million, which the car parts...
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Seattle Times (Free subscription) | 19/11/2009
Fitch Ratings on Thursday upgraded the issuer default rating on auto parts maker Tenneco Inc. by one notch thanks to cost-cutting, a better auto-making environment and a capital-raising effort that should reduce debt.
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Seattle Post-Intelligencer (Free subscription) | 19/11/2009
NEW YORK -- Fitch Ratings on Thursday upgraded the issuer default rating on auto parts maker Tenneco Inc. by one notch thanks to cost-cutting, a better auto-making environment and a capital-raising effort that should reduce debt.
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Auto Channel (Free subscription) | 19/11/2009
Tenneco Inc. Prices Public Offering of Common Stock at $16.50LAKE FOREST, Ill.--Tenneco Inc. today announced that the public offering of 12,000,000 shares of its common stock has priced at $16.50 per share. The offering includes a 30-day option for the underwriters to purchase up to an additional 1,800,000 shares of its common stock to cover over-allotments, if any. Tenneco expects to receive $187...
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Business Wire (Free subscription) | 19/11/2009
LAKE FOREST, Ill.--(BUSINESS WIRE)--Tenneco Inc. (NYSE:TEN) today announced that the public offering of 12,000,000 shares of its common stock has priced at $16.50 per share. The offering includes a 30-day option for the underwriters to purchase up to an additional 1,800,000 shares of its common stock to cover over-allotments, if any. Tenneco expects to receive $187 million in net...
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Market Watch (Free subscription) | 19/11/2009
TEL AVIV (MarketWatch) -- Tenneco Inc., the Lake Forest, Ill., automotive-equipment producer, late on Wednesday priced a public offering of 12 million common shares at $16.50. Tenneco shares closed Wednesday at $16.98. The underwriters have an option on 1.8 million more shares if demand for the offering requires. Excluding the option, Tenneco expects proceeds of $187 million,...
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Seattle Post-Intelligencer (Free subscription) | 24/11/2009
Last updated November 24, 2009 10:58 a.m. PTFitch predicts recovery for auto suppliersNEW YORK -- Fitch Ratings is predicting a modest recovery for U.S. auto suppliers in 2010 as sales rise and the companies realize benefits from significant cost-cutting this year.Fitch said Tuesday that some positive ratings actions could result in 2010. Fitch recently upgraded TRW Automotive Holdings Corp. and Tenneco...
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Seattle Times (Free subscription) | 24/11/2009
NEW YORK — Fitch Ratings is predicting a modest recovery for U.S. auto suppliers in 2010 as sales rise and the companies realize benefits from significant cost-cutting this year.Fitch said Tuesday that some positive ratings actions could result in 2010. Fitch recently upgraded TRW Automotive Holdings Corp. and Tenneco Inc. But the agency said the overall credit profile of the sector remains...