Steel Dynamics $225 million revolver to launch next week

By Sara Rosenberg

New York, June 4 - Steel Dynamics Inc. is scheduled to launch syndication of a proposed $225 million senior secured revolver in the June 7 week, according to a company news release.

The revolver will be used to refinance existing senior secured debt, including a $110 million term loan B, and for working capital and other general corporate purposes.

Steel Dynamics is a Fort Wayne, Ind., steel manufacturing company.

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