HNI files $250 million shelf

By Jennifer Chiou

New York, Feb. 27 - HNI Corp. registered a $250 million shelf, according to an S-3 filed with the Securities and Exchange Commission.

The shelf covers common stock, preferred stock, debt securities, depositary shares, warrants, purchase contracts and units. Preferred stock and debt securities may be structured as convertibles.

Proceeds will go toward general corporate purposes.

HNI is a Muscatine, Iowa-based designer, manufacturer and marketer of office furniture and hearth products.

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