U.S. Steel calls $718 million 6 7/8% notes due 2025 at 101.719

By Marisa Wong

Los Angeles, June 17 – United States Steel Corp. announced it issued a notice of redemption for all $718 million of its outstanding 6 7/8% senior notes due 2025.

The notes will be redeemed on Aug. 15 at 101.719 plus accrued interest to but excluding the redemption date, for a total payment of about $730 million.

The notes will be redeemed with cash on hand.

The steel producer is based in Pittsburgh.

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