| Delco Remy International, Inc. | |||
| Ticker: | RMY | 2902 Enterprise Drive | |
| Exchange: | New York Stock Exchange | Anderson, IN 46013 | |
| Industry: | Financial (SIC Code 6719) | (765) 778-6499 | |
| # of Employees: | 4949 | ||
| Type of Shares: | Class A Common Shares | Filing Date: | 10/10/97 | |
| U.S. Shares: | 4,000,000 | Offer Date: | 12/17/97 | |
| Non-U.S. Shares: | 0 | Filing Range: | $14.00 - $16.00 | |
| Primary Shares: | 4,000,000 | Offer Price: | $12.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.84 | |
| Offering Amount: | $60,000,000 | Selling: | $0.47 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Shares Out After: | 22,838,733 |
| Manager | Tier | Phone |
| Morgan Stanley Dean Witter Discover & Co. | Lead Manager | (212) 761-5900 |
| CS First Boston | Co-manager | (212) 325-2000 |
| Salomon Brothers Inc. | Co-manager | (212) 783-2947 |
| Issuer's Law Firm: | Dechert Price & Rhoads |
| Bank's Law Firm: | Cravath, Swaine & Moore |
| Auditor: | Ernst & Young |
| Registrar/Transfer Agent: | American Stock Transfer & Trust Co |
Dollar amounts in U.S. millions except for per share data | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 7/31/97 | 7/31/97 | ||||
| Revenue: | $689.79 | Assets: | $570.57 | ||
| Net Income: | -$14.30 | Curr Assets: | $324.14 | ||
| EPS: | Liabilities: | $579.10 | |||
| Prior EPS: | Curr Liabilities: | $168.84 | |||
| Cash Flow/Oper: | $33.83 | Equity: | -$8.54 | ||
| Cash Flow/Fin: | $57.79 | Cash: | $10.05 | ||
| Cash Flow/Inv: | -$74.09 | Working Cap: | $155.30 | ||
| Business Description |
| The company designs, manufactures, remanufactures and distributes electrical, powertrain/drivetrain and related components for automobiles and light trucks, medium and heavy duty trucks and other heavy duty vehicles. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used primarily to repay outstanding indebtedness. |