Nucor sells $1 billion in notes due 2030 and 2035 with $988.2 million net proceeds
Nucor completed the sale of $500 million of 4.650% notes due 2030 and $500 million of 5.100% notes due 2035 on March 5, 2025, after an underwriting agreement signed March 3. The company received net proceeds of about $988.2 million after expenses and the underwriting discount. The new debt adds to the company's borrowings, with interest payable semi-annually and principal due in 2030 and 2035.
Key points
- Two series: $500 million of 4.650% notes due June 1, 2030 and $500 million of 5.100% notes due June 1, 2035
- Net proceeds of approximately $988.2 million after expenses and underwriting discount, received on March 5, 2025
- Notes are senior unsecured obligations, with interest paid semi-annually starting December 1, 2025
- Holders may require repurchase at 101% of principal upon a Change of Control Triggering Event
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 05, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.