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Published on 10/26/2011 in the Prospect News Convertibles Daily and Prospect News Investment Grade Daily.

Brady files automatic shelf covering common stock and debt securities

By Devika Patel

Knoxville, Tenn., Oct. 26 - Brady Corp. filed a class A nonvoting common stock and debt securities automatic shelf registration in an S-3 ASR filing with the Securities and Exchange Commission.

The securities may be structured as convertibles.

Proceeds will be used for debt refinancing, acquisitions, capital expenditures, capacity expansion, general corporate purposes and working capital.

Brady is a Milwaukee-based maker of identification solutions and specialty materials that identify and protect premises, products and people.


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