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Monday 27 July, 2009

General

Solutia Files Form S-3 Registration Statement

Solutia Files Form S-3 Registration Statement

PR Newswire



ST. LOUIS, July 27 /PRNewswire-FirstCall/ -- Solutia Inc. (NYSE: SOA) today announced that it has filed a Registration Statement on Form S-3 to comply with its obligation to register shares of common stock owned by Harbinger Capital Partners Master Fund I, Ltd. (the “Master Fund”) and Harbinger Capital Partners Special Situations Fund, L.P. (the “Special Fund”, and together with the Master Fund, the “HCP Funds”) pursuant to a Registration Rights Agreement that the Company entered into with HCP Funds on June 18, 2009. In conjunction with the filing of Form S-3, the Company also filed today a Current Report on Form 8-K. Because the Company is a “well known seasoned issuer”, the Registration Statement is automatically effective upon filling.


(Logo: http://www.newsco m.com/cgi-bin/prnh/20081029/AQW096LOGO)


This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sales of these securities in any state in which such offer, solicitation or sales would be unlawful prior to registration or qualification under the securities laws of any state.


Corporate Profile

Solutia is a market-leading performance materials and specialty chemicals company. The company focuses on providing solutions for a better life through a range of products, including: Saflex® interlayer for laminated glass; CPFilms® aftermarket window films sold under the LLumar® brand and others; and technical specialties including the Flexsys® family of chemicals for the rubber industry, Skydrol® aviation hydraulic fluid and Therminol® heat transfer fluid. Solutia’s businesses are world leaders in each of their market segments. With its headquarters in St. Louis, Missouri, USA, the company operates globally with approximately 3,100 employees in more than 60 locations. More information is available at www.Solutia.com.




SOURCE Solutia Inc.


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