debt
confidence high
sentiment neutral
materiality 0.55
Reliance Steel completes redemption of $500M 4.500% Senior Notes due 2023
RELIANCE, INC.
- Redeemed all $500M aggregate principal of 4.500% Senior Notes due April 15, 2023.
- Redemption price was 100% of principal plus accrued interest to Jan 15, 2023.
- Redemption effective January 15, 2023; previously announced and completed on schedule.
- No notes remain outstanding under that series after the redemption.