debt
confidence high
sentiment neutral
materiality 0.60
Nucor issues $1.1B in 3.125% & 3.850% senior notes due 2032/2052
NUCOR CORP
- $550M of 3.125% notes due 2032 and $550M of 3.850% notes due 2052 issued.
- Net proceeds expected ~$1.0823B after underwriting discount and expenses.
- Proceeds to redeem existing 4.125% notes due 2022 and 4.000% notes due 2023.
- Underwriters include BofA Securities, J.P. Morgan, Wells Fargo; closing ~March 11, 2022.
- Notes issued under existing shelf registration statement (File No. 333-246166).