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TOLEDO, Ohio - Libbey Inc. expects to register with the Securities and Exchange Commission to sell up to $550 million in stock, bonds and other investments to raise money to pay off debt, the glass tableware maker said Friday.
| LBY | 5.24 |  -0.46 |
Libbey expects to file a shelf registration by the end of June.
Companies must register with the SEC to sell certain investments by filing a shelf registration statement, which explains what investments the company expects to sell and how it plans to use the money.
Shares of the company shed 3 cents to finish at $11.91.
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