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| MUSA > SEC Filings for MUSA > Form 8-K on 16-Nov-2012 | All Recent SEC Filings |
16-Nov-2012
Other Events, Financial Statements and Exhibits
On November 14, 2012, Metals USA, Inc. ("Metals USA"), a wholly-owned subsidiary of Metals USA Holdings Corp. (the "Company"), issued a press release announcing that it has received commitments for and intends to enter into a new seven year senior secured term loan in the amount of $225 million (the "Term Loan"). Metals USA intends to use the net proceeds of the Term Loan to finance the redemption of its 11 1/8% Senior Secured Notes due 2015 (the "Notes"). Also on November 14, 2012, Metals USA issued a notice of redemption for all of the outstanding Notes. The Notes were issued and the redemption will be effected pursuant to the provisions of the Indenture, dated as of November 30, 2005, as supplemented or amended (the "Indenture"), by and among Metals USA, Flag Intermediate Holdings Corporation, the Subsidiary Guarantors named therein, and Wells Fargo Bank, N.A., as Trustee. Pursuant to the notice of redemption, the Notes will be redeemed on December 14, 2012.
A copy of the press release announcing the receipt of commitments for the Term Loan is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated into this Item 8.01 by reference.
(d) Exhibits. The following exhibit is filed herewith:
Exhibit
Number Description
99.1 Press release, dated November 14, 2012
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