Steel Dynamics calls remaining 6¾% notes following tender offer

By Tali David

Minneapolis, April 1 - Steel Dynamics, Inc. plans to redeem all of its remaining 6¾% senior notes due 2014 that were not purchased on the early settlement date in connection with the previously announced tender offer, according to a press release.

The notes will be redeemed at par plus accrued interest on April 9.

As previously reported, the company received tenders and consents from holders of $301,694,000 principal amount of the notes.

The Bank of New York Mellon Trust Co., NA is the trustee and paying agent.

Steel Dynamics is a Fort Wayne, Ind.-based manufacturer and seller of steel products.

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