ST. PETERS, Mo., June 24, 2015 (GLOBE NEWSWIRE) -- SunEdison Semiconductor Limited (Nasdaq:SEMI) announced today the commencement of an underwritten public offering of 15,935,828 ordinary shares by selling shareholders pursuant to an effective shelf registration statement on Form S-3 filed with the Securities and Exchange Commission. SunEdison Semiconductor Limited will not receive any of the proceeds from the sale of the ordinary shares.
Deutsche Bank Securities Inc. and Goldman, Sachs & Co. are acting as lead book-running managers for the offering.
The offering of these securities will be made only by means of a written prospectus supplement and base prospectus, copies of which may be obtained from: Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, telephone: (800) 503-4611, email: prospectus.cpdg@db.com or Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, NY 10282, telephone: (866) 471-2526, email: prospectus-ny@gs.com.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About SunEdison Semiconductor Limited
SunEdison Semiconductor Limited is a global leader in the development, manufacture and sale of silicon wafers to the semiconductor industry.
Forward-Looking Statements
This press release includes "forward-looking statements," including with respect to the public offering. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond our control. We caution you that the forward-looking information presented in this press release is not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking information contained in this press release. Any forward‑looking information presented herein is made only as of the date of this press release, and we do not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.