AI English summary of an SEC filing — figures as filed
Steel Dynamics said that effective December 21, 2025, it redeemed and repaid all of its outstanding 5.000% Senior Notes due 2026 at a price of 100.000% of the principal amount of $400,000,000, together with accrued and unpaid interest to, but not including, December 21.
Key points
AI summarySteel Dynamics said that effective December 21, 2025, it redeemed and repaid all of its outstanding 5.000% Senior Notes due 2026 at a price of 100.000% of the principal amount of $400,000,000, together with accrued and unpaid interest to, but not including, December 21.
The company said the Notes were issued in the original principal amount of $400,000,000 pursuant to an Indenture, as amended and supplemented, dated December 6, 2016, between the company, as Issuer, and Computershare Trust Company, N.A., as successor to Wells Fargo Bank, National Association, as Trustee.
Steel Dynamics said that pursuant to Section 8.01 of the Indenture, having fully paid all remaining sums payable thereunder and having delivered all Notes to the Trustee for cancellation, the company's obligations under the Indenture have been terminated.
The company submitted this disclosure as Item 1.02 (Termination of a Material Definitive Agreement) and said it redeemed the Notes effective December 21, 2025.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Full Redemption of 5.000% Senior Notes due 2026
Steel Dynamics said that effective December 21, 2025, it redeemed and repaid all of its outstanding 5.000% Senior Notes due 2026 at a price of 100.000% of the principal amount of $400,000,000, together with accrued and unpaid interest to, but not including, December 21.
Source · Based on the filing body and exhibits
Original Principal Amount of Notes and Indenture Information
The company said the Notes were issued in the original principal amount of $400,000,000 pursuant to an Indenture, as amended and supplemented, dated December 6, 2016, between the company, as Issuer, and Computershare Trust Company, N.A., as successor to Wells Fargo Bank, National Association, as Trustee.
Source · Based on the filing body and exhibits
Termination of Company Obligations under the Indenture
Steel Dynamics said that pursuant to Section 8.01 of the Indenture, having fully paid all remaining sums payable thereunder and having delivered all Notes to the Trustee for cancellation, the company's obligations under the Indenture have been terminated.
Source · Based on the filing body and exhibits
Item 1.02 Disclosure and Effective Date
The company submitted this disclosure as Item 1.02 (Termination of a Material Definitive Agreement) and said it redeemed the Notes effective December 21, 2025.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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