Quaker Chemical Corporation Closes Public Offering of Common Stock
CONSHOHOCKEN, Pa., May 10, 2011 - Quaker Chemical Corporation (NYSE: KWR) today announced that it has closed its underwritten public offering of 1,265,000 shares of its common stock, including 165,000 shares issued upon full exercise of the underwriters' over-allotment option, at a price to the public of $40.50 per share. All of the shares in the offering were sold by Quaker.
Jefferies & Company, Inc. acted as joint book-running manager for the offering. Janney Montgomery Scott LLC acted as co-lead manager for the offering. KeyBanc Capital Markets Inc. acted as co-manager for the offering.
A shelf registration statement relating to the shares was filed with the Securities and Exchange Commission ("SEC") and is effective. A copy of the prospectus supplement and related base prospectus is available on the SEC's website located at www.sec.gov. Copies of the prospectus supplement and related base prospectus may be obtained from Equity Syndicate Prospectus Department, Jefferies & Company, Inc., 520 Madison Avenue, 12th Floor, New York, NY, 10022, at 877-547-6340, and at Prospectus_Department@Jefferies.com.
About Quaker
Quaker Chemical Corporation is a global provider of process chemicals, chemical specialties, services, and technical expertise to a wide range of industries - including steel, aluminum, automotive, mining, aerospace, tube and pipe, coatings and construction materials.
SOURCE Quaker Chemical Corporation
