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Zep Files $200 Million Mixed Shelf

October 15, 2009 (FinancialWire) — Zep Inc. (NYSE: ZEP) has filed a shelf registration statement with the Securities and Exchange Commission to allow the firm to raise up to $200 million through the sale of equity, debt, and certain other types of securities.

The company plans to use the net proceeds from the sale of any securities 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.

Atlanta-based Zep is a producer, marketer, and service provider of a 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.

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