FORT WAYNE, Ind., Dec. 21, 2017 /PRNewswire/ -- Steel
Dynamics, Inc. (NASDAQ/GS: STLD) (the "Company") today announced
that, effective at 2:00 PM New York
City time on Thursday, December 21,
2017, the Securities Exchange Commission declared effective
its previously filed Form S-4 Registration Statement for the
exchange of up to $350.0 million
aggregate principal amount of its newly issued 4.125% Senior Notes
due 2025 (the "Exchange Notes"), that have now been registered
under the Securities Act of 1933, as amended, for like principal
amounts of any or all of its unregistered outstanding 4.125% Senior
Notes due 2025 (the "Old Notes"), issued on September 13, 2017.
Accordingly, the Company announced that, effective December 22, 2017, it will launch its offer to
exchange its registered Exchange Notes for any and all of its
outstanding unregistered Old Notes. This offer will expire at
5:00 PM New York City time on
January 24, 2018, 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 December 21,
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
Minneapolis, MN 55415
Facsimile (Eligible Institutions Only): 612-667-6282
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.