Zep Reports Filing of Universal Shelf Registration Statement

Zep Inc. on October 14 announced that it has filed a shelf registration statement or Form S-3 with the Securities and Exchange Commission (SEC).

Upon being declared effective by the SEC, the shelf registration statement will allow Zep to raise up to an aggregate of $200 million through the sale of equity, debt, and certain other types of securities described in the registration statement, through one or more offerings, from time to time in the future. Pursuant to the shelf registration statement filed with the SEC, the net proceeds from the sale of any securities to be registered thereunder will be used for general corporate purposes, which may include funding capital expenditures, pursuing growth initiatives, whether through acquisitions, joint ventures or otherwise, repaying or refinancing indebtedness or other obligations, and financing working capital.

Zep Inc. is a producer, marketer, and service provider of a wide range of cleaning and maintenance solutions for commercial, industrial, institutional, and consumer end-markets. Zep's product portfolio includes anti-bacterial and industrial hand care products, cleaners, degreasers, deodorizers, disinfectants, floor finishes, sanitizers, and pest and weed control products. Zep is headquartered in Atlanta, Georgia.

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