Mueller Water to repay some bank debt with common stock proceeds

By Sara Rosenberg

New York, Sept. 14 - Mueller Water Products Inc. plans to repay borrowings under its credit facility using proceeds from the sale of 27.5 million shares of series A common stock, according to a 424B3 filed with the Securities and Exchange Commission on Monday.

Mueller Water is an Atlanta-based manufacturer and marketer of water infrastructure and flow control products for use in water distribution networks and facilities.

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