Message #8 From:
NewsBot Date: September 29, 2006 10:03:00 AM
IHS News IHS Inc. Files Registration Statement for Secondary Sale of Common Stock by an Existing Stockholder
ENGLEWOOD, Colo.--(BUSINESS WIRE)--IHS Inc. (NYSE: IHS) announced today that it has filed a registration
statement with the Securities and Exchange Commission relating to a
proposed secondary offering of $300 million of its Class A common stock,
including an option for the underwriters to purchase additional shares
of common stock. The shares are being offered by an existing IHS
stockholder. IHS will not receive any proceeds from the sale of the
shares being registered.
Goldman, Sachs & Co. and Citigroup Corporate and Investment Banking are
acting as joint book-running managers, with Morgan Stanley & Co.
Incorporated acting as joint lead manager, and KeyBanc Capital Markets
and Piper Jaffray & Co. acting as co-managers for the offering.
When available, a copy of the preliminary prospectus for the offering
may be obtained from Goldman, Sachs & Co., 85 Broad Street, New York,
New York 10004, Attn: Prospectus Department (Tel: 212-902-1171) and from
Citigroup Corporate and Investment Banking, Brooklyn Army Terminal, 140
58th Street, 8th Floor, Brooklyn, New York 11220, Attn: Prospectus
Department (Tel: 1-877-858-5407).
A registration statement relating to these securities has been filed
with the Securities and Exchange Commission but has not yet become
effective. These securities may not be sold nor may offers to buy be
accepted prior to the time the registration statement becomes effective.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About IHS Inc.
IHS (NYSE: IHS) is one of the leading global providers of critical
technical information, decision-support tools and related services to
customers in a number of industries including energy, defense,
aerospace, construction, electronics, and automotive through two
operating segments, Engineering and Energy. Our Engineering and Energy
segments each represent approximately one-half of IHS’
total revenues. We serve customers ranging from governments and large
multinational corporations to smaller companies and technical
professionals in more than 100 countries. Our customers rely on our
offerings to facilitate decision making, support key processes and
improve productivity. We have been in business for more than 45 years
and employ 2,500 people around the world.
IHS FORWARD-LOOKING STATEMENTS:
This release may contain forward-looking statements as defined in the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements are statements that are not historical facts. Such statements
may include financial projections and estimates and their underlying
assumptions, statements regarding plans, objectives and expectations
with respect to future operations, products, and services, and
statements regarding future performance. Forward-looking statements are
generally identified by the words "expect," "anticipate," "believe,"
"intend," "estimate," "plan" and similar expressions. Although IHS and
its management believe that the expectations reflected in such
forward-looking statements are reasonable, investors are cautioned that
forward-looking information and statements are subject to various risks
and uncertainties--many of which are difficult to predict and generally
beyond the control of IHS--that could cause actual results and
developments to differ materially from those expressed in, or implied or
projected by, the forward-looking information and statements. These
risks and uncertainties include those discussed or identified by IHS
from time to time in its public filings. Other than as required by
applicable law, IHS does not undertake any obligation to update or
revise any forward-looking information or statements. Please consult our
public filings at www.sec.gov.