Bluescope Steel Limited
(ASX:BSL) has announced it has completed a US$500 million senior unsecured notes offering.
The offering was previously set at US$300 million, but due to strong demand from investors was increased.
The notes have been offered to qualified institutional buyers in the United States and to certain offshore investors.
The Notes will pay interest on the 15th of May and 15th of November each year, commencing in November 2016, at a rate of 6.500 percent per annum.
Bluescope Steel Limited reported a net profit of $226.6 million for the six months to the end of December 2015.
