Ryder System files stock, debt securities shelf

By Angela McDaniels

Seattle, Feb. 27 - Ryder System, Inc. registered to sell an undisclosed amount of securities in an S-3ASR filing with the Securities and Exchange Commission on Tuesday.

Covered by the shelf are debt securities, preferred stock, depositary shares, common stock, warrants, stock purchase contracts, stock purchase units and units. Preferred stock may be structured as convertible.

The Miami-based trucking company said proceeds will be used for general corporate purposes, which may include debt repayment, working capital, capital expenditures, acquisitions and the repurchase of shares of equity securities.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.