Shale-Inland Holdings, LLC Announces Proposed Offering of Senior Secured Notes

HOUSTON--(BUSINESS WIRE)--Shale-Inland Holdings, LLC (the “Company” or “Shale-Inland”) announced today that it and its affiliate, Shale-Inland Finance Company, intend to commence an offering of approximately $250 million in aggregate principal amount of senior secured notes due 2019.

The Company intends to use the net proceeds of the offering to repay a portion of its existing credit facilities and pay related fees and expenses.

The notes and the related guarantees will be offered in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States pursuant to Regulation S under the Securities Act. The notes and the related guarantees have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release does not constitute an offer to sell the notes, nor a solicitation for an offer to purchase the notes or any other securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which, or to any person to whom, such an offer, solicitation or sale is unlawful. Any offers of the notes will be made only by means of a private offering memorandum.

About Shale-Inland

Shale-Inland is a leading specialty industrial distributor of pipe, valves, fittings and related products and provider of technical solutions to the energy and industrial sectors. We operate 47 strategically located branches throughout North America in close proximity to our customers and act as a critical link in our customers’ supply chain. We market and sell our products through 12 distinct and targeted brands. For more information, visit www.shale-inland.com.