FORT WAYNE, Ind., April 9, 2015 /PRNewswire/ -- Steel Dynamics,
Inc. (NASDAQ/GS: STLD) today announced that its previously filed
Form S-4 Registration Statement for the exchange of up to
$700.0 million aggregate principal
amount of its newly issued 5.125% Senior Notes due 2021 and up to
$500.0 million aggregate principal
amount of its newly issued 5.500% Senior Notes due 2024 (together,
the "Exchange Notes"), each that have been registered under the
Securities Act of 1933, as amended (the "Securities Act") for like
principal amounts of any or all of its outstanding 5.125% Senior
Notes due 2021 and 5.500% Senior Notes due 2024, respectively
(together, the "Old Notes"), which we issued on September 9, 2014 without registration under the
Securities Act, was declared effective by the Securities and
Exchange Commission at 2:00 PM Eastern
Daylight Time (EDT) on Wednesday,
April 8, 2015.
The Company further announced that, effective Thursday morning,
April 9, 2015, it has launched its
offer to exchange its registered 2021 and 2024 Exchange Notes for
any and all of its outstanding 2021 and 2024 unregistered Old
Notes, respectively. This offer will expire at 5:00 PM EDT on May 7,
2015, unless otherwise extended. The Company does not
currently plan to extend the exchange offer.
This press release is not an offer to exchange the 2021 and 2024
Exchange Notes for the respective 2021 and 2024 Old Notes, nor is
it the solicitation of an offer to exchange, which the Company is
making only through the exchange offer prospectus, dated as of
April 8, 2015, and the related letter
of transmittal. There will not be any offer or sale of the
Exchange Notes in any state in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under
the securities laws of any such state.
Copies of the exchange offer prospectus and related documents
may be obtained from Wells Fargo Bank, National Association, the
exchange agent for the exchange offer, at the following
address:
Wells Fargo Bank, N.A.
Corporate Trust Operations
MAC N9303-121
6th St & Marquette Avenue
Minneapolis, MN 55479
Telephone: 800-344-5128
About Steel Dynamics, Inc.
Steel Dynamics, Inc. is one of the largest domestic steel
producers and metals recyclers in the
United States based on estimated annual steelmaking and
metals recycling capability, with annual sales of $8.8 billion in 2014, over 7,700 employees, and
manufacturing facilities primarily located throughout the United States (including six steel mills,
eight steel coating facilities, two iron production facilities,
over 90 metals recycling locations and six steel fabrication
plants).
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SOURCE Steel Dynamics, Inc.