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Standard Motor files $75 million shelf for debt, stock, preferreds
By Devika Patel
Knoxville, Tenn., Aug. 6 - Standard Motor Products, Inc. filed a $75 million shelf registration in an S-3 filing with the Securities and Exchange Commission.
The registration covers debt securities, common stock, preferred stock, warrants, depositary shares, stock purchase contracts and units.
The securities may be structured as convertibles.
Proceeds will be used to repay debt.
Standard Motor Products is an automotive replacement parts manufacturer and distributor based in Long Island City, N.Y.
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