Steel Dynamics Announces Completion of $1 Billion Notes Offering

Steel Dynamics, Inc. (STLD) recently stated that it concluded the sale of $600 million total principal amount of 5.25$400 million total principal amount of 5.75% Notes due 2055. The net proceeds from the Notes will be utilized for general corporate purposes, including the redemption of the company's $400 million 2.4% Senior Notes due in June 2025. This transaction advances Steel Dynamics' long-term strategy of providing a solid capital foundation to support its personnel, customers, sha ...