Steel Dynamics Announces New Term Loan Facility

by Benzinga Staff
January 11, 2012 3:15 PM | 20 seconds read

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

Steel Dynamics, Inc.(NASDAQ: STLD) announced today that it has expanded its senior securedcredit facility by adding a $275.0 million term loan facility to its existingfive year $1.1 billion revolving credit facility.  The new five year term loanmatures September 30, 2016 and is guaranteed by certainof the Company's subsidiaries and is secured by substantially all of theCompany's and said subsidiaries' accounts receivable and inventories.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

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