TMS International Corp. Prices Senior Note Offering

8/9/17

TMS International Corporation announced today that it has priced an offering of $250 million in aggregate principal amount of senior notes (the "notes"). The notes will bear interest at a rate of 7.250% per annum and will mature in 2025.

The net proceeds of the notes will be used to repurchase or redeem all of the Company's senior notes due 2021 pursuant to a tender offer and/or subsequent optional redemption and to repay in full its existing term loan facility.

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