Global Brass and Copper Holdings, Inc. Files Registration Statement for Proposed Secondary Public Of

Global Brass and Copper Holdings, Inc. Files Registration Statement for Proposed Secondary Public Offering

SCHAUMBURG, Ill.--(BUSINESS WIRE)-- Global Brass and Copper (NYS: BRSS) (the "Company") today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission (the "SEC") relating to the proposed public offering of 5,000,000 shares of the Company's common stock, par value $0.01 per share, by Halkos Holdings, LLC, the selling stockholder. In addition, the selling stockholder has granted the underwriters an option to purchase up to an additional 750,000 shares of common stock. The Company will not receive any proceeds from the proposed offering. Goldman, Sachs & Co. and Morgan Stanley & Co. LLC will act as representatives of the underwriters for the proposed secondary offering.

A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, 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. A copy of the registration statement can be accessed, when available, through the SEC's website www.sec.gov.

Goldman, Sachs & Co. and Morgan Stanley & Co. LLC, representatives of the underwriters in the Company's recent initial public offering, have agreed to waive lock-up restrictions with respect to the common stock to be sold by the selling stockholder in the proposed secondary offering to the extent necessary to permit the proposed secondary offering. The offering of these securities will be made only by means of a prospectus. Copies of the prospectus related to the offering may also be obtained, when available, from: Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, NY 10282, Telephone: 1-866-471-2526, Facsimile: 1-212-902-9316 or by emailing prospectus-ny@ny.email.gs.com; or Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, Telephone: 1-866-718-1649, or by emailing prospectus@morganstanley.com.

CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. You can identify forward-looking statements because they contain words such as "believes", "expects", "projects", "may", "would", "should", "seeks", "approximately", "intends", "plans", "estimates", "anticipates" or similar expressions that relate to our strategy, plans or intentions. All statements the Company makes relating to its estimated and projected earnings, margins, costs, expenditures, cash flows, growth rates and financial results or to its expectations regarding future industry trends are forward-looking statements. In addition, the Company, through its senior management, from time to time makes forward-looking public statements concerning its expected future operations and performance and other developments. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may change at any time, and, therefore, the Company's actual results may differ materially from those that it expected. The Company derives many of its forward-looking statements from its operating budgets and forecasts, which are based upon many detailed assumptions. While the Company believes that its assumptions are reasonable, it is very difficult to predict the impact of known factors, and, of course, it is impossible to anticipate all factors that could affect the Company's actual results. Actual results may differ materially from these expectations due to various risks and uncertainties, including: the failure to maintain the Company's balanced book approach which could cause increased volatility in the Company's profitability and operating results and may result in significant losses; the loss in order volumes from any of the Company's largest customers, which may reduce the Company's sales volumes, revenues and cash flows; the disruption to the Company's business if its customers shift their manufacturing offshore; the occurrence of any prolonged disruptions at or failures of the Company's manufacturing facilities and equipment which could have a material adverse effect on its business, financial condition, results of operations and cash flows; and the failure to implement the Company's business strategy, including its growth initiatives, could adversely affect its business, financial condition, results of operations or cash flows. More detailed information about these and other risks and uncertainties are contained in the Company's filings with the Securities and Exchange Commission, including under "Risk Factors" and elsewhere in our Form S-1 Registration Statement filed with the Securities and Exchange Commission on September 11, 2013 and in the Company's other filings with the Securities and Exchange Commission. All forward-looking information in this press release is expressly qualified in its entirety by these cautionary statements. All forward-looking statements contained in this press release are based upon information available to the Company on the date of this press release. In addition, the matters referred to in the forward-looking statements contained in this press release may not in fact occur. Accordingly, investors should not place undue reliance on those statements. The Company undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law.

Global Brass and Copper Holdings, Inc.
Robert Micchelli, Chief Financial Officer, (847) 240-4700
or
FTI Consulting
Ryan Lown, (312) 553-6756

KEYWORDS: United States North America Illinois

INDUSTRY KEYWORDS:

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