Current Report Filing (8-k)
04 8월 2017 - 5:40AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT
REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 2, 2017
AK STEEL HOLDING CORPORATION
(Exact name of registrant as specified in its charter)
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Delaware
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1-13696
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31-1401455
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(State or other Jurisdiction
of Incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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9227 Centre Pointe Drive
West Chester, Ohio
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45069
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(Address of Principal Executive Offices)
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(Zip Code)
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Registrants telephone number, including area code:
(513) 425-5000
Not Applicable
(Former name or former address if changed since last report.)
Check the appropriate box below if the
Form 8-K
filing is intended to simultaneously satisfy the filing
obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to
Rule 14a-12
under the Exchange Act (17 CFR
240.14a-12)
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Pre-commencement
communications pursuant to
Rule 14d-2(b) under
the Exchange Act (17 CFR
240.14d-2(b))
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☐
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Pre-commencement
communications pursuant to
Rule 13e-4(c) under
the Exchange Act (17 CFR
240.13e-4(c))
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Indicate by check mark whether the registrant is an emerging growth company as
defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule
12b-2
of the Securities Exchange Act of 1934
(§240.12b-2
of this chapter).
Emerging growth company ☐
If an emerging
growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange
Act. ☐
Item 8.01 Other Events.
On August 2, 2017, AK Steel Corporation (AK Steel), a wholly owned subsidiary of AK Steel Holding Corporation (the Company),
priced the public offering of $280.0 million aggregate principal amount of its 6.375% Senior Notes due 2025 (the Notes). The Notes will be fully and unconditionally guaranteed by the Company and by AK Tube LLC, AK Steel Properties,
Inc. and Mountain State Carbon, LLC, three wholly-owned subsidiaries of AK Steel (collectively and together with the Company, the Guarantors).
The Notes were sold in a public offering pursuant to a Registration Statement on Form
S-3,
as amended (File
No. 333-210785)
(the Registration Statement) and a related prospectus and prospectus supplement filed with the Securities and Exchange Commission. We expect the offering to close on August 9,
2017, subject to the satisfaction of customary closing conditions.
AK Steel and the Guarantors entered into an underwriting agreement, dated
August 2, 2017 (the Underwriting Agreement), with Wells Fargo Securities, LLC, Deutsche Bank Securities Inc. and Goldman Sachs & Co. LLC as the representatives of the several underwriters named therein, in connection with
the issuance and sale of the Notes and the related guarantees. In connection with the offering of the Notes, the Company is filing as Exhibit 1.1 hereto, and incorporating by reference herein, the Underwriting Agreement.
AK Steel expects the net proceeds from the issuance and sale of the notes will be approximately $275.8 million after deducting the underwriting discounts
and commissions. AK Steel intends to use the net proceeds from this offering, together with cash on hand and/or borrowings under its revolving credit facility, to pay the consideration for its previously announced concurrent cash tender offer (the
Cash Tender Offer) of its 8.375% senior notes due 2022 (the Existing Notes), including accrued and unpaid interest and estimated offering expenses. If any Existing Notes remain outstanding following the completion of the Cash
Tender Offer, AK Steel intends to use the proceeds to redeem such Existing Notes in accordance with the terms of the Existing Notes and the applicable indenture. The closing of the Cash Tender Offer is contingent upon the closing of this offering,
but the closing of this offering is not contingent on the repayment or discharge of the Existing Notes.
Item 9.01. Financial Statements and
Exhibits
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Exhibit
Number
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Description
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1.1
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Underwriting Agreement, dated August 2, 2017, among AK Steel Corporation, as issuer, the guarantors named therein and Wells Fargo Securities, LLC, Deutsche Bank Securities Inc. and Goldman Sachs & Co. LLC, as
representatives of the several underwriters named therein.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
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AK STEEL HOLDING CORPORATION
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Date: August 3, 2017
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By:
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/s/ Joseph C. Alter
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Name: Joseph C. Alter
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Title: Vice President, General Counsel and
Corporate
Secretary
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3
AK Steel (NYSE:AKS)
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부터 9월(9) 2024 으로 10월(10) 2024
AK Steel (NYSE:AKS)
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부터 10월(10) 2023 으로 10월(10) 2024
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