Usiminas, a Brazilian steel company, announced through a notice to shareholders and the public that its subsidiaries in Denmark have initiated a public offering to repurchase up to $200 million of debt securities issued in 2006 and 2008. The company will pay $1,127.50 for each $1,000 of notes validly sold by October 15, 2013, and $1,097.50 for each $1,000 sold after that date until the offering closes on October 29, 2013. Similarly, the company will pay $1,115 and $1,085, respectively, for the 2008 issued notes. The offering is subject to conditions and open only to existing bondholders in the New York market.
Usiminas, a Brazilian steel company, announced through a notice to shareholders and the public that its subsidiaries in Denmark have initiated a public offering to repurchase up to $200 million of debt securities issued in 2006 and 2008. The company will pay $1,127.50 for each $1,000 of notes validly sold by October 15, 2013, and $1,097.50 for each $1,000 sold after that date until the offering closes on October 29, 2013. Similarly, the company will pay $1,115 and $1,085, respectively, for the 2008 issued notes. The offering is subject to conditions and open only to existing bondholders in the New York market.
Usiminas, a Brazilian steel company, announced through a notice to shareholders and the public that its subsidiaries in Denmark have initiated a public offering to repurchase up to $200 million of debt securities issued in 2006 and 2008. The company will pay $1,127.50 for each $1,000 of notes validly sold by October 15, 2013, and $1,097.50 for each $1,000 sold after that date until the offering closes on October 29, 2013. Similarly, the company will pay $1,115 and $1,085, respectively, for the 2008 issued notes. The offering is subject to conditions and open only to existing bondholders in the New York market.
31310-260 Belo Horizonte MG T 55 31 3499-8000 F 55 31 3499-8899 www.usiminas.com
USINAS SIDERRGICAS DE MINAS GERAIS S.A. - USIMINAS
Publicly Traded Company CNPJ/MF 60.894.730/0001-05 NIRE 313.000.1360-0
NOTICE TO THE MARKET
Usinas Siderrgicas de Minas Gerais S.A. USIMINAS (Usiminas or Company) hereby informs its shareholders and the public in general that the Company, through its subsidiaries located in Denmark, initiated a public offering of debt titles issued by its subsidiaries Cosipa Commercial Ltd. and Usiminas Commercial Ltd. issued in 2006 and 2008, due to 2016 and 2018 (Notes), respectively, up to the amount of US$ 200 million. In accordance with the documents related to the offer, Usiminas will pay: (i) the amount corresponding to US$ 1,127.50 for each US$1,000.00 of the Notes main value validly sold until 10/15/2013 for the Notes issued in 2016; and (ii) the amount corresponding to US$ 1,097.50 for each US$1,000.00 of the Notes main value validly sold after 10/15/2013 and before the offer termination for the Notes issued in 2016; and (iii) the amount corresponding to US$ 1,115.00 for each US$1,000.00 of the Notes main Value validly sold until 10/15/2013 for the Notes issued in 2018; and (iv) the amount corresponding to US$ 1,085.00 for each US$1,000.00 of the Notes main Value validly sold after 10/15/2013 and before the offer termination for the Notes issued in 2018. The public offer is subject to certain conditions and will target, exclusively, to the bondholders of such titles and performed in the market of New York, USA, expiring on 10/29/2013.
Belo Horizonte, October 01, 2013.
Ronald Seckelmann Vice-President of Finance and Investors Relations