Nucor Corporation just came out with a new prospectus, available here. This is an SEC requirement for firms looking to issue certain types of securities. An excerpt of the prospectus is provided below:
We estimate that the net proceeds from this offering will be approximately $991,930,000, after deducting our estimated offering expenses and
the underwriting discount. We plan to use the net proceeds from the sale of the Notes for general corporate purposes, which may include, but are not limited to, working capital, capital expenditures, advances for or investments in our subsidiaries,
acquisitions, redemption and repayment of outstandi ng indebtedness, purchases of our common stock, and to pay a portion of the purchase price for the C.H.I. Acquisition, if consummated.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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