| Fiberite Holdings, Inc. | |||
| Proposed Ticker: | FBT | 2055 East Technology Circle | |
| Exchange: | NASDAQ-National Market | Tempe, AZ 85284 | |
| Industry: | Manufacturing (SIC Code 2295) | (602) 730-2000 | |
| Type of Shares: | Common Shares | Filing Date: | 2/21/97 | |
| U.S. Shares Filed: | 5,000,000 | Filing Range: | $15.00 - $17.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $80,000,000 | |
| Primary Shares: | 3,000,000 | Expenses: | - | |
| Secondary Shares: | 2,000,000 | Shares Out After: | 14,494,657 |
| Manager | Tier | Phone |
| Donaldson, Lufkin & Jenrette Securities Corp. | Lead Manager | (212) 371-0641 |
| Cowen & Company | Co-manager | (212) 495-6000 |
| Salomon Brothers Inc. | Co-manager | (212) 783-2947 |
| Issuer's Law Firm: | Gray Cary Ware & Freidenrich |
| Bank's Law Firm: | Cahill Gordon & Reindel |
| Auditor: | Arthur Andersen |
| Registrar/Transfer Agent: | ChaseMellon Shareholder Services, L.L.C. |
Dollar amounts in U.S. millions except for per share data | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/96 | 12/31/96 | ||||
| Revenue: | $218.83 | Assets: | $161.19 | ||
| Net Income: | -$9.98 | Curr Assets: | |||
| EPS: | -$0.90 | Liabilities: | $163.27 | ||
| Prior EPS: | -$1.19 | Curr Liabilities: | |||
| Cash Flow/Oper: | $18.66 | Equity: | -$2.09 | ||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company is a leading supplier of advanced composite materials to the worldwide aerospace, industrial and recreational markets. The company's composite materials are comprised of carbon, glass or other fibers that are impregnated with one of the company's proprietary resin matrices, creating materials with more favorable strength - and stiffness-to-weight, dimensional stability and thermal insulative properties than those of many high performance materials, including metals and alloys. The company's final products are principally sold in rolls, sheets or in granular or chopped forms and are subsequently incorporated by the company's customers into a manufactured component. The company's advanced composite materials are qualified to a broad range of specifications within the commercial and military aerospace industries and are used in interior and exterior aircraft structures, satellite and missile components, and solid rocket motor ablative insulation structures. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for the repayment of indebtedness. |