Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  United States Steel Corporation    X

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

United States Steel Corporation : Announces Pricing of Senior Notes Offering

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/12/2012 | 10:25pm CEST

PITTSBURGH, March 12, 2012 /PRNewswire/ -- United States Steel Corporation (NYSE: X) today announced the pricing of its public offering of $400,000,000 aggregate principal amount of 7.500% Senior Notes due 2022 (the "Notes"). The Notes were priced at 100% of the principal amount. The Notes will pay interest semi-annually in arrears on March 15 and September 15 of each year beginning September 15, 2012, and will mature on March 15, 2022, unless earlier redeemed or repurchased.

J.P. Morgan Securities LLC, Barclays Capital Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Credit Suisse Securities (USA) LLC, Goldman, Sachs & Co. and Morgan Stanley & Co. LLC are the joint book-runners for this offering.

This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. A registration statement (including a prospectus) relating to the securities has been filed with the Securities and Exchange Commission.

Copies of the prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, may be obtained from J.P. Morgan Securities LLC, 338 Madison Avenue, 3rd floor, New York, New York, 10179, Telephone: (800) 245-8812, and at www.sec.gov.

Cautionary Statement
This release contains forward-looking statements with respect to market conditions and proposed offering. In accordance with "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, cautionary statements identifying important factors, but not necessarily all factors, that could cause actual results to differ materially from those set forth in the forward-looking statements have been included in the Form 10-K of U. S. Steel for the year ended December 31, 2011, and in subsequent filings for U. S. Steel.

SOURCE United States Steel Corporation

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on UNITED STATES STEEL CORPOR
04/28 UNITED STATES STEEL : U. S. Steel Issues Update On Status Of Midwest Plant
04/28 UNITED STATES STEEL CORP : Amendments to Articles of Inc. or Bylaws; Change in F..
04/27 Lundin Law PC Announces an Investigation of United States Steel Corporation a..
04/27 Pomerantz Law Firm Investigates Claims On Behalf of Investors of United State..
04/27 Khang & Khang LLP Announces an Investigation of United States Steel Corporati..
04/27 Bronstein, Gewirtz & Grossman, LLC Announces Investigation of United States S..
04/27 Levi & Korsinsky, LLP Announces an Investigation Involving Possible Securitie..
04/27 INVESTORS : Option Trade reports for Juno Therapeutics Inc, Lumber Liquidators, ..
04/27 Lundin Law PC Announces an Investigation of United States Steel Corporation a..
04/26 Edwards Lifesciencse and Deckers rise; US Steel plunges
More news
Sector news : Steel - NEC
04/28 Four tales of the Trump trade, 100 days into his presidency
04/28 SEVERSTAL' : EU dismisses Russian 'bullying' allegation
04/27DJBrazil's Vale Profit Surges to Three-Year High on Rise in Iron-Ore Prices
04/25 EU steel demand to grow more than 1 percent this year and next, after strong ..
04/25 Thyssenkrupp sees internet-connected elevators giving profits a lift
More sector news : Steel - NEC
News from SeekingAlpha
04/28 U.S. Steel downgraded at Macquarie, just four days after upgrade
04/28 The False Revival Of R.U.S.T. Stocks
04/28 Nucor Is The Best Steel Stock - Cramer's Lightning Round (4/27/17)
04/27 U.S. Steel downgraded at Deutsche Bank, defended at J.P. Morgan
04/27 U.S. Steel Gets Bent