DLA Piper represented United States Steel Corporation in connection with the private offering of $980 million aggregate principal amount of 8.375 percent senior secured notes due 2021 pursuant to Rule 144A and Regulation S. US Steel used a portion of the proceeds to redeem its outstanding senior notes due 2017, and to tender for a portion of its outstanding senior notes due 2018, 2020 and 2021. DLA Piper also represented US Steel in connection with the tender offers.
The DLA Piper team advising US Steel was led by co-managing partner of the Americas Stasia Kelly, partner Randi Bernstein (both of Washington, DC), chair of the New York Finance practice Jamie Knox (New York) and associates Michael Warnow Stout, David Turner and Maria Grabis (all of New York).