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Allegheny Technologies To Issue $650 Mln In Debt
Stock quotes in this article:
ATI
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PITTSBURGH (AP) — Allegheny Technologies Inc. said Tuesday it plans to issue $650 million in new debt to retire old debt and make pension plan contributions.
The company said it would offer $300 million in senior notes due in 2019, with interest rates to be determined when the notes are priced.
It will also offer $350 million in convertible notes due in 2014. The company said interest rate, conversion rate, and other terms of the notes will be announced when pricing is set. ...
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