Olympic Steel files $200 million shelf for stock, preferreds and debt

By Devika Patel

Knoxville, Tenn., Oct. 29 - Olympic Steel Inc. filed a $200 million first mortgage bonds shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers common stock, preferred stock, depositary shares, warrants, subscription rights, debt securities and units.

The securities may be structured as convertibles.

Proceeds will be used for general corporate purposes.

Olympic Steel is a Bedford Heights, Ohio-based processor and distributor of processed carbon, coated and stainless flat-rolled sheet, and coil and plate steel products.

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