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Technology Stocks : Jabil Circuit (JBL) -- Ignore unavailable to you. Want to Upgrade?


To: Finder who wrote (4841)1/22/1999 5:55:00 PM
From: Jane E.  Read Replies (1) | Respond to of 6317
 
(REUTERS) Jabil<JBL.N> says to file for $375 mln stock offer
Jabil<JBL.N> says to file for $375 mln stock offer

ST. PETERSBURG, Fla., Jan 22 (Reuters) - Electronics
manufacturer Jabil Circuit Inc. said Friday it plans to file a
registration statement with the U.S. Securities and Exchange
Commission relating to an offering of shares of about $375
million in the first calendar quarter of 1999.
Of the offered amount, about 60 percent will be sold by the
company and the remainder will be sold by certain selling
stockholders, the maker of circuit board assemblies and systems
said in a statement.
The proceeds of the offering will be used for repayment of
debt under the company's credit facility, capital expenditures
and for general corporate purposes.
((-- New York Newsdesk 212 859-1700))
REUTERS
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