United States Steel Corp. Prices Upsized Senior Notes Offering

2/8/21

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) today announced the pricing of its upsized $750 million aggregate principal amount of 6.875% senior notes due 2029. The size of the offering was upsized from $500 million to $750 million aggregate principal amount of Notes. The Notes will be issued at a price equal to 100% of their face value. The Notes will pay interest semi-annually in arrears on March 1 and September 1 of each year beginning on September 1, 2021, and will mature on March 1, 2029, unless earlier redeemed or repurchased. The offering is expected to close on February 11, 2021.

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.