United States Steel Unsecured Notes Offering
The United States Steel Corporation (NYSE:X) announced today it is looking at offering ounced its intention to offer, subject to market and other conditions, $500 million aggregate principal amount of senior unsecured notes, which would be due 2020.
There was no specific purpose made known by the company as to what the money would be used for other than "general corporate purposes."
Book-running the offering will be Bank of America (NYSE:BAC), Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS), J.P. Morgan (NYSE:JPM) and Barclays Capital.
U.S. Steel has filed a shelf registration statement with the Securities and Exchange Commission (SEC) for the offering.
United States Steel Unsecured Notes Offering
No comments:
Post a Comment