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Ruth's Hospitality files $200 million shelf for stock, warrants, debt
By Devika Patel
Knoxville, Tenn., June 25 - Ruth's Hospitality Group Inc. filed a $200 million 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, share purchase contracts and share purchase units.
The securities may be structured as convertibles.
Proceeds will be used for debt repayment, working capital and general corporate purposes.
Ruth's is a Heathrow, Fla.-based restaurant company focused exclusively on the upscale dining segment.
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