Fluor files $500 million shelf

By Ted A. Knutson

Washington, Dec. 23 - Fluor Corp. filed a shelf for up to $500 million in debt securities and common stock.

Convertibles are also allowed in the S-3 registration filed with the Securities and Exchange Commission by the Aliso Viejo, Calif.-based international engineering concern.

Fluor said it plans to use proceeds from offerings authorized by the shelf for general corporate purposes, which can include repayment of debt, working capital, capital expenditures and acquisitions and investments.

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