July 30, 2009 (FinancialWire) — RC2 Corp. (NASDAQ: RCRC) has launched a public offering of three million shares of common stock. Robert W. Baird & Co. will act as the lead underwriter.

The company said it will grant the underwriters in the offering an option to purchase up to 450,000 additional shares of common stock at the offering price to cover any over-allotments.

RC2 plans to use the net proceeds from the offering for general corporate and working capital purposes, including the potential repayment of long-term debt and the funding of future acquisitions.

Oak Brook, Illinois-based RC2 is a designer, producer and marketer of toys, collectibles and infant products. The company reaches consumers through multiple channels of distribution, including more than 25,000 retail outlets throughout North America, Europe, Australia and Asia Pacific.

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