Item 8.01. Other Items
On June 17, 2021, United States Steel Corporation (the "Corporation"), issued a
notice of redemption to redeem the entirety of its approximately $718 million
aggregate principal amount of outstanding 6.875% Senior Notes due 2025 (the
"Notes"). Pursuant to the terms of the Notes and the indenture governing the
Notes, the Corporation expects the total payment to holders of the Notes
including the redemption premium to be approximately $730 million (reflecting a
redemption price of 101.719% of the aggregate principal amount thereof in
accordance with the terms of the Notes), plus accrued and unpaid interest to,
but excluding, the redemption date of August 15, 2021. The Notes will be
redeemed with cash on hand.
A press release announcing the redemption is attached herein as Exhibit 99.1 and
is incorporated by reference.
Item 9.01 Financial Statements and Exhibits
9.01(d) Exhibits:
Exhibit No. Description
99.1 Press Release, dated June 17, 2021.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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