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Published on 11/8/2010 in the Prospect News Convertibles Daily, Prospect News High Yield Daily and Prospect News Preferred Stock Daily.

Standard Pacific files $650 million shelf for preferreds, stock, debt

By Devika Patel

Knoxville, Tenn., Nov. 8 - Standard Pacific Corp. filed a $650 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers debt securities, guarantees of debt securities, preferred stock, common stock, depositary shares, warrants, rights, stock purchase contracts, stock purchase units and units.

The securities may be structured as convertibles.

Proceeds will be used for general corporate purposes.

The homebuilder is based in Irvine, Calif.


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