Steel Dynamics, Inc.’s $1 Billion Senior Notes Offering

Shearman & Sterling represented J.P. Morgan Securities LLC, BofA Securities, Inc., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC, as representatives of the several underwriters, in connection with a registered offering by Steel Dynamics, Inc. of $400,000,000 aggregate principal amount of 2.800% notes due 2024 and $600,000,000 aggregate principal amount of 3.450% notes due 2030.

Steel Dynamics, Inc. is one of the largest domestic steel producers and metals recyclers in the United States based on estimated annual steelmaking and metals recycling capability, with facilities located throughout the United States, and in Mexico. Steel Dynamics produces steel products, including hot roll, cold roll, and coated sheet steel, structural steel beams and shapes, rail, engineered special-bar-quality steel, cold finished steel, merchant bar products, specialty steel sections and steel joists and deck. In addition, the company produces liquid pig iron and processes and sells ferrous and nonferrous scrap.

Shearman & Sterling represented J.P. Morgan Securities LLC, BofA Securities, Inc., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC with a team including Merritt Johnson (Picture), Arielle L. Katzman, Sebastian (Zhuoxin) Miao, Mark A. Dunham, Kristen Garry, Jennifer D. Morton, Mehran Massih, Daniel Kachmar, P. Sean Kelly and Taylor Pugliese.

Involved fees earner: Mark Dunham Jr. – Shearman & Sterling; Kristen Garry – Shearman & Sterling; Merritt Johnson – Shearman & Sterling; Daniel Kachmar – Shearman & Sterling; Arielle Katzman – Shearman & Sterling; Sean Kelly – Shearman & Sterling; Mehran Massih – Shearman & Sterling; Sebastian Miao – Shearman & Sterling; Jennifer Morton – Shearman & Sterling; Taylor Pugliese – Shearman & Sterling;

Law Firms: Shearman & Sterling;

Clients: Bank of America Securities; Goldman Sachs & Co.; JP Morgan Securities; Morgan Stanley;

Print Friendly, PDF & Email
Avatar

Author: Ambrogio Visconti