Fluor to Sell Securities
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IRVINE — Fluor Corp. is planning to sell as much as $400 million of senior debt securities, according to documents filed with the Securities and Exchange Commission.
The provider of engineering and construction services plans to use the proceeds from the sale for general corporate purposes, including debt reduction and possible acquisitions, according to a shelf registration statement.
A shelf registration enables companies to register securities in advance and then sell them as financing needs arise.
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