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Published on 2/1/2006 in the Prospect News Convertibles Daily and Prospect News High Yield Daily.

Steelcase files debt, stock shelf

By Ted A. Knutson

Washington, Feb. 1 - Steelcase Inc. filed for a debt and stock shelf for an unspecified dollar value in an S3-ASR registration with the Securities and Exchange Commission. The filing also re-registers $301 million of previously registered but unsold securities.

The shelf includes class A common and preferred stock, debt securities, stock purchase contracts, units and warrants. Securities may be offered in the form of convertibles.

The Grand Rapids, Mich.-based office furniture company said proceeds from the offerings will be used for general corporate purposes.


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