debt
confidence high
sentiment neutral
materiality 0.55
Nucor closes $1B debt offering: $500M 4.65% notes due 2030, $500M 5.10% notes due 2035
NUCOR CORP
- Issued $500M of 4.650% Notes due 2030 and $500M of 5.100% Notes due 2035.
- Net proceeds after underwriting discount and expenses were approximately $988.2 million.
- Notes are senior unsecured and rank equally with existing and future senior unsecured debt.
- Underwriting agreement led by BofA Securities, J.P. Morgan, U.S. Bancorp Investments, and Wells Fargo Securities.
- Interest paid semi-annually starting December 1, 2025; redemption and change-of-control provisions apply.