| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies |
| USEC, Inc. |
| 2 Democracy Center 6903 Rockledge Drive, Bethesda, MD 20817 * (301) 564-3200 |
| The company is a global energy company that is a world leader in the production and sale of uranium fuel enrichment services for commercial nuclear power plants. |
| Manager | Tier | Phone |
| Morgan Stanley Dean Witter Discover & Co. | Lead Manager | (212) 761-5900 |
| Janney Montgomery Scott | Co-manager | (215) 665-6520 |
| Lehman Brothers Incorporated | Co-manager | (212) 526-8100 |
| M.R. Beal & Company | Co-manager | |
| Merrill Lynch & Co. | Co-manager | (212) 449-4600 |
| Prudential Securities Incorporated | Co-manager | (212) 778-5420 |
| Salomon Smith Barney | Co-manager | (212) 723-7300 |
| NYSE: | USU | Manufacturing: | SIC 2819 | |
| Type of Shares: | Common Shares | Filing Date: | 6/29/98 | |
| U.S. Shares: | 90,000,000 | Offer Date: | 7/22/98 | |
| Non-U.S. Shares: | 10,000,000 | Filing Range: | $13.50 - $16.50 | |
| Primary Shares: | 0 | Offer Price: | $14.25 | |
| Secondary Shares: | 100,000,000 | Gross Spread: | $0.42 | |
| Offering Amount: | $1,500,000,000 | Selling: | $0.25 | |
| Expenses: | $5,000,000 | Reallowance: | $0.10 | |
| Post-IPO Shares: | 100,000,000 | |||
| Employees: | 169 |
| Issuer's Law Firm: | Skadden, Arps, Slate, Meagher & Flom |
| Bank's Law Firm: | Davis, Polk & Wardwell |
| Registrar/Transfer Agent: | BankBoston |
| Auditor: | Arthur Andersen |
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 | ||
| 6/30/97 | 3/31/98 | 3/31/97 | 3/31/98 | ||
| Revenue: | $1,577.80 | $1,056.70 | $1,124.40 | Assets: | $3,138.00 |
| Net Income: | $250.10 | $142.00 | $162.10 | Curr Assets: | $2,913.70 |
| EPS: | Liabilities: | $1,038.80 | |||
| Prior EPS: | Curr Liab: | $511.80 | |||
| Cash Flow/Oper: | $356.10 | $199.10 | $314.50 | Equity: | $2,099.20 |
| Cash Flow/Fin: | $194.30 | $180.00 | $194.30 | Cash: | $1,259.60 |
| Cash Flow/Inv: | $25.80 | $20.50 | $15.90 | Working Cap: | $2,401.90 |
| Use of Proceeds |
| The proceeds from the proposed offering will be distributed to the U.S. government, the selling shareholder. |