20 August 2014
Details
Axalta Coating Systems Ltd. (“Axalta”)
has filed a registration statement on Form S-1
with the U.S. Securities and Exchange Commission
for a proposed initial public offering of its common shares.
Axalta is a leading global manufacturer, marketer and
distributor of high performance coatings systems.
The securities to be offered
in the proposed initial public offering may include
shares to be issued and sold by Axalta as well as
shares to be sold by certain current shareholders of Axalta.
Axalta intends to use any net proceeds to it
from the offering, plus cash on hand,
for the repayment of indebtedness and
to pay related fees and expenses.
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