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Published on 6/23/2022 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Ryerson calls remaining $50 million 8½% notes at 103

By William Gullotti

Buffalo, N.Y., June 23 – Joseph T. Ryerson & Son, Inc., a subsidiary of Ryerson Holding Corp., issued a redemption notice for the remaining $50 million of its 8½% senior secured notes due 2028 (Cusips: 48088LAB3, U4830LAB4), according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed on July 23 at 103 plus accrued and unpaid interest using available cash on hand.

Ryerson is a Chicago-based value-added processor and distributor of industrial metals.


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