AAA

Algoma Steel, Inc. 9.125% 15-APR-2029

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Overview
Analysis

ALGO5781894 analysis



Key facts


Issuer
Algoma Steel, Inc.
Issue date
Apr 5, 2024
Maturity date
Apr 15, 2029
Outstanding amount
‪350.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
9.13% (Fixed)
Yield to maturity
9.43%
Algoma Steel, Inc. produces and distributes steel products. It offers hot and cold rolled steel sheet and plate products to automotive, construction, infrastructure, energy, defense, transportation (rail cars, shipbuilding) and manufacturing industries. The company was founded in February 1901 and is headquartered in Sault Ste. Marie, Canada.
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