policeman
Forumer storico
Alexander Gladstone,"the writer of the article",scrive solo di "Bankruptcy",neanche un articolo ,"only one" si è realizato..vedi la sua biografia.
Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 2
- Creatore Discussione gionmorg
- Data di Inizio
marcob77
Moderator
United States Steel Corporation Announces Pricing of Senior Secured Notes Offering
21/05/2020 22:26 RSF
For best results when printing this announcement, please click on link below: Read the announcement
PITTSBURGH, May 21, 2020 (GLOBE NEWSWIRE) -- United States Steel Corporation (NYSE: X) (the “company” or "U. S. Steel") today announced the pricing of its previously announced private offering of $1,056,357,000.00 aggregate principal amount of 12.000% Senior Secured Notes due 2025 (the "notes.") The notes will be issued at a price equal to 94.665% of their face value. The notes will pay interest semi-annually in arrears on June 1 and December 1 of each year, beginning on December 1, 2020 and will mature on June 1, 2025, unless earlier redeemed or repurchased. The sale of the notes is expected to close on May 29, 2020, subject to customary closing conditions.
The notes will be fully and unconditionally guaranteed on a senior secured basis by all of the company’s existing and future direct and indirect subsidiaries, other than certain “excluded subsidiaries.” Additionally, the notes and the note guarantees will be secured by first-priority liens, subject to permitted liens, on substantially all of the company’s and the guarantors’ assets, other than certain “excluded assets.”
U. S. Steel intends to use the net proceeds from the offering to strengthen its balance sheet, increase liquidity and for general corporate purposes.
The notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act,") or any state securities laws and may not be offered or sold in the United States or to any U.S. persons unless pursuant to registration under the Securities Act, or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The notes are being offered only to persons reasonably believed to be "qualified institutional buyers" under Rule 144A of the Securities Act or, outside the United States, to persons other than “U.S. persons” in compliance with Regulation S under the Securities Act.
21/05/2020 22:26 RSF
For best results when printing this announcement, please click on link below: Read the announcement
PITTSBURGH, May 21, 2020 (GLOBE NEWSWIRE) -- United States Steel Corporation (NYSE: X) (the “company” or "U. S. Steel") today announced the pricing of its previously announced private offering of $1,056,357,000.00 aggregate principal amount of 12.000% Senior Secured Notes due 2025 (the "notes.") The notes will be issued at a price equal to 94.665% of their face value. The notes will pay interest semi-annually in arrears on June 1 and December 1 of each year, beginning on December 1, 2020 and will mature on June 1, 2025, unless earlier redeemed or repurchased. The sale of the notes is expected to close on May 29, 2020, subject to customary closing conditions.
The notes will be fully and unconditionally guaranteed on a senior secured basis by all of the company’s existing and future direct and indirect subsidiaries, other than certain “excluded subsidiaries.” Additionally, the notes and the note guarantees will be secured by first-priority liens, subject to permitted liens, on substantially all of the company’s and the guarantors’ assets, other than certain “excluded assets.”
U. S. Steel intends to use the net proceeds from the offering to strengthen its balance sheet, increase liquidity and for general corporate purposes.
The notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act,") or any state securities laws and may not be offered or sold in the United States or to any U.S. persons unless pursuant to registration under the Securities Act, or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The notes are being offered only to persons reasonably believed to be "qualified institutional buyers" under Rule 144A of the Securities Act or, outside the United States, to persons other than “U.S. persons” in compliance with Regulation S under the Securities Act.
angy2008
Forumer storico
come secured non è granchè, la garanzia è su subsidiaries che possono valere anche zero, comunque per premiare lo sforzo vedo se me ne danno un lotto in collocamento. Niente da fare.
Andate a ruba come le Goodyear, c'era finestra fino al 29 ma le han vendute tutte ieri. C'è molto appetito in giro per grasse cedole di colossi coi piedi di coccio, peggio dell'argilla perchè poi ti rimane solo macerie mentre con l'argilla puoi costruire.
La Goodyear neonata è salita fino a 5 punti oltre la pari, vediamo questa cosa farà, usu9118rab34
Andate a ruba come le Goodyear, c'era finestra fino al 29 ma le han vendute tutte ieri. C'è molto appetito in giro per grasse cedole di colossi coi piedi di coccio, peggio dell'argilla perchè poi ti rimane solo macerie mentre con l'argilla puoi costruire.
La Goodyear neonata è salita fino a 5 punti oltre la pari, vediamo questa cosa farà, usu9118rab34
Ultima modifica:
arkymede74
Forumer storico
Avete news su Frontier? È ufficiosa la equitizzazione del debito menzionata dal caro amico gualberto qualche giorno fa?
policeman
Forumer storico
PS.per capire di piu' leggi ,chi è il proprietario con i sui parenti-amici dell' Wall Street Journal,
Gruppo Murdoch-Rupert Murdoch &........
Have a nice day
corradotedeschi
Forumer storico
penso che i main owners non contano piu' niente...sono i fondi ora che comandano...purtroppo...
