Bond AK Steel Corp 8.375% ( US001546AM29 ) in USD

Issuer AK Steel Corp
Market price 100.00 %  ⇌ 
Country  United States
ISIN code  US001546AM29 ( in USD )
Interest rate 8.375% per year ( payment 2 times a year)
Maturity 31/03/2022 - Bond has expired



Prospectus brochure of the bond AK Steel Corp US001546AM29 in USD 8.375%, expired


Minimal amount 1 000 USD
Total amount 90 454 000 USD
Cusip 001546AM2
Standard & Poor's ( S&P ) rating B- ( Highly speculative )
Moody's rating B3 ( Highly speculative )
Detailed description AK Steel Corporation, now known as Cleveland-Cliffs Inc. following a merger, was a major producer of flat-rolled carbon steel and stainless steel products for automotive, construction, and other industrial applications in the United States.

This financial instrument, an 8.375% bond with ISIN US001546AM29 and CUSIP 001546AM2, issued in the United States by AK Steel Corp, a significant American steel producer which was later acquired by Cleveland-Cliffs, recently matured and was fully repaid on March 31, 2022, at its 100% par value, having been a USD-denominated obligation originally part of a total issuance of $90,454,000 with a minimum purchase size of $1,000, which featured semi-annual interest payments and was rated B- by Standard & Poor's and B3 by Moody's during its active period.
DateClean price
07/08/2024100.00%
26/01/2019100.00%