Algoma Steel Group Pricing Update
Tuesday, 26 March 2024, 21:36
Algoma Steel Group Pricing Update
Algoma Steel Group has recently announced the pricing of $350 million offering of 9.125% Senior Secured Second Lien Notes due 2029. This move aims to enhance the company's balance sheet and provide additional capital for strategic initiatives.
Key Highlights:
- Algoma Steel Group announces the pricing of $350 million offering.
- 9.125% Senior Secured Second Lien Notes due 2029 play a crucial role in enhancing the company's financial stability.
- This strategic move is expected to benefit Algoma Steel's balance sheet significantly.
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