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Prospect News home > News index > List of issuers T > Headlines for Tenders 2012 > News item
Published on 3/12/2012 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Unites States Steel to redeem $300 million notes via offering proceeds

By Ashley Montgomery

Kansas City, Kan., March 12 - United States Steel Corp. intends to use the proceeds from its $400 million offering of senior notes to redeem all $300 million of its 5.65% senior notes due 2013, according to a company news release.

Plans for the offering were announced Monday. The notes will be due in 2022.

Unites States Steel is a Pittsburgh-based steel company.


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