FORT WAYNE, Ind., April 17,
2017 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS:
STLD) today announced that, effective at 2:00 PM Eastern Daylight Time on Monday, April 17, 2017, the Securities Exchange
Commission declared effective its previously filed Form S-4
Registration Statement for the exchange of up to $400.0 million aggregate principal amount of its
newly issued 5.000% Senior Notes due 2026 (the "Exchange Notes"),
that have now been registered under the Securities Act of 1933, as
amended (the "Securities Act"), for like principal amounts of any
or all of its unregistered outstanding 5.000% Senior Notes due 2026
(the "Old Notes"), issued on December 6,
2016.
Accordingly, the Company announced that, effective Tuesday
morning, April 18, 2017, it will
launch its offer to exchange its registered Exchange Notes for any
and all of its outstanding Old Notes. This offer will expire at
5:00 PM EDT on May 16, 2017, unless otherwise extended.
The Company does not currently plan to extend the exchange
offer.
This press release is not an offer to exchange the Exchange
Notes for the 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 17,
2017, together with 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 N9300-070
600 South Fourth Street, 7th Fl.
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 facilities located throughout
the United States, and in
Mexico. Steel Dynamics produces steel products, including hot
roll, cold roll, and coated sheet steel, structural steel beams and
shapes, rail, engineered special-bar-quality steel, cold finished
steel, merchant bar products, specialty steel sections and steel
joists and deck. In addition, the company produces liquid pig
iron and processes and sells ferrous and nonferrous
scrap.
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SOURCE Steel Dynamics, Inc.