je.st
news
Steel Dynamics Announces Completion of Note Offering
2014-09-10 05:37:47| Steel - Topix.net
9, 2014 /PRNewswire/ -- Steel Dynamics, Inc. announced today that it has consummated the sale of aggregate principal amount of its 5.500% Senior Notes due 2024 in a private offering to qualified institutional buyers under Rule 144A of the Securities Act of 1933 and to persons outside pursuant to Regulation S. The Company intends to use the proceeds of this offering along with cash on hand and credit available under its existing senior secured credit facility to finance the Company's planned acquisition of Severstal Columbus, LLC, announced on The Notes have not been registered under the Securities Act of 1933, or any state securities laws, and may not be offered or sold in , absent registration under, or an applicable exemption from, the registration requirements of the Securities Act of 1933 and applicable state laws.
Tags: note
offering
steel
completion
Category:Materials