Hexcel Corporation (ticker symbol: HXL), a leading global supplier of advanced materials, celebrated its Fast Path cross-listing on NYSE Euronext in Paris today, making it the twelfth1 NYSE-listed company to take advantage of this streamlined, cost-effective process since it was made available by NYSE Euronext in 2008.
The Fast Path listing enables US-listed, non-EU companies to use their existing filings with the Securities and Exchange Commission (SEC) for a listing on NYSE Euronext's European market. This listing process can be used in connection with various transactions, including initial public offerings, follow-on capital raisings, spin-offs and direct listings without capital raising.