| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies |
| Reltec Corporation |
| 5900 Landerbrook Drive, Suite 300, Cleveland, OH 44124 * (440) 460-3600 |
| The company is a leader in the design, manufacture and sale of a broad range of telecommunications systems, products and services to wireline and wireless service providers and OEMs in North America and around the globe. |
| Manager | Tier | Phone |
| Morgan Stanley Dean Witter Discover & Co. | Lead Manager | (212) 761-5900 |
| Deutsche Morgan Grenfell | Co-manager | (212) 469-5600 |
| Goldman, Sachs & Co. | Co-manager | (212) 902-5959 |
| J.P. Morgan Securities Inc. | Co-manager | (212) 648-0517 |
| Lehman Brothers Incorporated | Co-manager | (212) 526-8100 |
| Salomon Smith Barney | Co-manager | (212) 723-7300 |
| NYSE: | RLT | Manufacturing: | SIC 3661 | |
| Type of Shares: | Common Shares | Filing Date: | 1/14/98 | |
| U.S. Shares: | 4,500,000 | Offer Date: | 3/12/98 | |
| Non-U.S. Shares: | 1,000,000 | Filing Range: | $24.00 - $27.00 | |
| Primary Shares: | 5,500,000 | Offer Price: | $29.00 | |
| Secondary Shares: | 0 | Gross Spread: | $1.88 | |
| Offering Amount: | $140,250,000 | Selling: | $1.13 | |
| Expenses: | $1,200,000 | Reallowance: | $0.10 | |
| Post-IPO Shares: | 55,000,000 | |||
| Employees: | 5273 |
| Issuer's Law Firm: | Latham & Watkins |
| Bank's Law Firm: | Simpson, Thacher & Bartlett |
| Auditor: | Deloitte & Touche |
Dollar amounts in U.S. millions except for per share data | |||||
| 9 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/96 | 9/30/97 | 9/30/96 | 9/30/97 | ||
| Revenue: | $689.40 | $637.40 | $488.20 | Assets: | $768.30 |
| Net Income: | $1.80 | $20.40 | -$3.40 | Curr Assets: | $277.50 |
| EPS: | Liabilities: | $428.20 | |||
| Prior EPS: | Curr Liab: | $160.00 | |||
| Cash Flow/Oper: | $61.60 | $26.40 | $38.80 | Equity: | $340.10 |
| Cash Flow/Fin: | $54.60 | $15.50 | $71.70 | Cash: | $19.20 |
| Cash Flow/Inv: | -$111.90 | -$31.40 | -$104.40 | Working Cap: | $117.50 |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for repayment of indebtedness and general corporate purposes. |