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Steel Dynamics Announces $89.54M in Notes Outstanding as of August 30 2012

Steel Dynamics, (NASDAQ: STLD) today announced that it has redeemed for cash all of its remaining outstanding 7¾% Senior Notes due 2016 (the "2016 Notes") at a price of 103.875% of the principal amount, together with accrued interest to August 31, 2012 (the "Redemption Date").

The 2016 Notes were issued in the original principal amount of $500,000,000 pursuant to an Indenture dated as of April 3, 2008, as supplemented and amended, among the Company, as Issuer, the guarantors party thereto, and Wells Fargo Bank, N.A., as trustee.

Posted-In: News Financing

 

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