Allis-Chalmers files $1.5 billion shelf for preferreds, debt, stock

By Devika Patel

Knoxville, Tenn., Nov. 9 - Allis-Chalmers Energy Inc. filed a $1.5 billion shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers common stock, preferred stock, senior and subordinated debt securities, guarantees, warrants, rights and units.

The securities may be structured as convertibles.

Proceeds will be used for general corporate purposes.

Allis-Chalmers is a Houston-based oilfield services company.

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