Commercial metals company announces pricing of tax-exempt bond financing with proceeds of $150.0 million

Irving, texas, feb. 10, 2022 /prnewswire/ -- commercial metals company (nyse: cmc) ("cmc") announced today the pricing of $145.1 million in original aggregate principal amount of exempt facilities revenue bonds (commercial metals company project), series 2022 (the "bonds"), to be issued by the industrial development authority of the county of maricopa (the "mcida"). the bonds were priced to yield 3.5%, and the sale of the bonds is expected to provide proceeds of $150.0 million.
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