CHS Files $2 Bln Shelf Registration Statement

(RTTNews) - CHS Inc. (CHSCP) said Friday it has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission.

Under the shelf registration, upon being declared effective by the SEC, CHS may offer and sell up to $2 billion of its Class B cumulative redeemable preferred stock over the next three years.

CHS President and Chief Executive Officer Carl Casale said, "The shelf registration statement provides us financial flexibility for general corporate purposes. In addition, it streamlines the process in the event we identify strategic opportunities that may require additional capital."