Sep 24, 2009. /Lesprom Network/. Louisiana-Pacific Corporation (LP) announced the pricing of a public offering of 18million shares of its common stock, at an offering price of $6.75 per share. LP has granted the underwriters a 30-day option to purchase up to 2,700,000 additional shares. Goldman, Sachs & Co. is acting as the sole book- running agent, and UBS Investment Bank and RBC Capital Markets will act as co-managers for the offering, which is expected to close on Monday, September 28, 2009, subject to customary closing conditions. The Company intends to use the net proceeds from the offering to reduce debt by retiring up to 35 percent of its senior secured notes due 2017 and for general corporate purposes. LP is a leading manufacturer of quality engineered wood building materials including OSB, structural framing products, and exterior siding for use in residential, industrial and light commercial construction.