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Published on 3/13/2012 in the Prospect News Convertibles Daily, Prospect News High Yield Daily and Prospect News Preferred Stock Daily.

Harbinger files $75 million shelf registration for stock, preferreds

By Devika Patel

Knoxville, Tenn., March 13 - Harbinger Group, Inc. filed a $75 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers common stock, preferred stock, warrants and units, along with 25 million common shares which will be sold by shareholders.

The securities may be structured as convertibles.

Proceeds will be used for general corporate purposes.

Harbinger is a New York-based holding group for subsidiaries Spectrum Brands Holdings, Inc., a branded consumer products company, and Fidelity & Guaranty Life Insurance Co., a life insurance and annuity company.


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