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Steel Dynamics Prices Public Stock, Note Offerings
Stock quotes in this article:
STLD
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FORT WAYNE, Ind. (AP) — Steel Dynamics Inc. said Monday it has priced its public stock and note offerings.
The steel producer said it will sell 27 million shares of common stock at $13.50 per share. That's an 8.6 percent discount to the stock's closing prices of $14.77 on Friday.
The company has also given underwriters a 30-day option to buy up nearly 4.1 million additional shares to cover any overallotments. ...
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