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U. S. Steel Enhances Its Strong Balance Sheet With Sustainable Financing; Completes Successful Tender Process

Sep 06, 2022•almost 3 years ago
PittsburghManufacturing

Description

United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced the closing of $290 million unsecured Arkansas Development Finance Authority environmental improvement revenue bonds, which carry a green bond designation (the “Green Bonds”). Proceeds of the bonds will be used for “eligible Green Projects” within the meaning of the Green Bond Principles of The International Capital Market Association.

Company Information

Company

US Steel

Location

Pittsburgh, Pennsylvania, United States

About

US Steel is a major American steel manufacturer with a long history of providing high-quality steel products to various sectors. The company has been at the forefront of the US manufacturing industry and has a strong commitment to domestic production and operations.