United States Enrichment Corporation (USU) Message Board

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Non-Tech : United States Enrichment Corporation (USU)

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To: RODNEY W. CURVIN who wrote ()	11/13/1998 6:15:00 AM
From: Roy F	Read Replies (1) of 81

USEC files to offer $500 mln in notes November 12, 1998 07:53 PM WASHINGTON, Nov 12 (Reuters) - Uranium producer USEC Inc. filed on Thursday an offering with the Securities and Exchange Commission for $500 million in senior notes maturing on an undisclosed date. The Bethesda, Md.-based company, which was privatized by the U.S. government on July 28 through an initial public offering, said it will use net proceeds to repay a portion of the bank debt it incurred in connection with the privatization. The offering will be managed by Merrill Lynch & Co. and J.P. Morgan & Co. ((Peter Ramjug at SEC newsroom, phone: 202-898-8399 Fax: 202 347-3853, E-Mail peter.ramjug@reuters.com)) REUTERS

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