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Fitch rates Steel Dynamics notes BBB
Fitch Ratings said it assigned a BBB rating to Steel Dynamics, Inc.’s new issuance of $900 million of senior unsecured notes.
Steel Dynamics intends to use the proceeds for general corporate purposes, including to refinance its $400 million of 2023 senior notes and its $500 million of 2024 senior notes.
The outlook is stable.
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