Horsehead Holding Corp. ZINC today announced that the initial purchasers in the Company's previously-announced private placement offering of convertible senior notes due 2017 have fully-exercised their option to purchase up to an additional $20,000,000 in aggregate principal amount of Convertible Notes, resulting in a total sale to the Initial Purchasers of $100,000,000 in aggregate principal amount of Convertible Notes. The Company also announced today that it has closed the Offering. The Company intends to use the proceeds from the Offering, together with cash on hand, for the initial stages of construction of a new zinc facility and general corporate purposes, including working capital needs, investment in business initiatives, capital expenditures and acquisitions.
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