BlueScope prices new US$300 million bond issue to refinance U.S. unsecured notes and reduce financing costs

BlueScope announced that it has priced a US$300 million issue of guaranteed senior bonds under
Regulation S of the United States Securities Act of 1933.
The bonds will be issued by a wholly owned subsidiary of BlueScope Steel Limited, with a fixed rate
coupon of 4.625% for a term of five years, maturing on 25 May 2023. BlueScope expects the bonds to be
assigned ratings of Baa3 and BBB- by Moody’s and S&P Global Ratings, respectively.

Read more at BLUESCOPE PRICES NEW US$300M BOND ISSUE TO REFINANCE U.S. UNSECURED NOTES AND REDUCE FINANCING COSTS.

 

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