POSCO Announces Pricing Results for Cash Buyback of $400M Aggregate Principal Amount of Its 5.750% Notes Due 2028
POSCO has announced the pricing results related to its cash tender offer for up to US$400 million in aggregate principal amount of its outstanding 5.750% notes due 2028. The Reference Yield was set at 4.156%, based on a U.S. Treasury benchmark, and early tender holders will receive higher consideration than those who tender later.
Topics: debt restructuring tender offer