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Commercial Metals Company Announces Closing of Tax-Exempt Bond Financing with Proceeds of $150.0 Million
CMCCMC(CMC) Prnewswire·2025-05-16 04:15

IRVING, Texas, May 15, 2025 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) ("CMC") announced today the closing of the previously announced sale of 150.0millioninoriginalaggregateprincipalamountofSolidWasteDisposalFacilitiesRevenueBonds(CommercialMetalsCompanyProject),Series2025(the"Bonds"),issuedbytheWestVirginiaEconomicDevelopmentAuthority(the"WVEDA").ThesaleoftheBondsprovidedproceedsof150.0 million in original aggregate principal amount of Solid Waste Disposal Facilities Revenue Bonds (Commercial Metals Company Project), Series 2025 (the "Bonds"), issued by the West Virginia Economic Development Authority (the "WVEDA"). The sale of the Bonds provided proceeds of 150.0 million, which CMC has borrowed from the WVEDA pursuant to a loan a ...