AK Steel prices $150M senior note offering

Dec 07, 2010 | 11:36 AM |

AK Steel Corp. has successfully priced a public offering of $150 million in senior notes issued as an add-on to its 7-5/8-percent senior notes due 2020.

West Chester, Ohio-based AK Steel will pay interest on the notes semi-annually on May 15 and Nov. 15 of each year. Interest on the newly issued notes will accrue from Nov. 15, 2010. The notes will be fully and unconditionally guaranteed on a senior unsecured basis by parent AK Steel Holding Corp.....

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