Business
Semi-Annual Interest Rate for Stelco's Floating Rate Notes
Semi-Annual Interest Rate for Stelco's Floating Rate Notes.
About this update from Starr Peak Mining Ltd
[{"type":"text","content":"\n\n\n\nHAMILTON, ON, March 29 /CNW/ - Stelco Inc. (TSX:STE) today announced\nthat, for the period from March 31, 2007 to September 29, 2007 inclusive, the\nrate of interest per annum for Stelco's floating rate notes due 2016 will be\n10.82%. The foregoing interest rate, which has been established in accordance\nwith the terms of the indentures governing the floating rate notes, is subject\nto adjustment in certain circumstances as provided for in such indentures.\n\n\nAbout Stelco\n\n\nStelco is one of Canada's largest steel companies. It is focused on its\ntwo Ontario-based integrated steel businesses located in Hamilton and in\nNanticoke. These operations produce high quality value-added hot rolled, cold\nrolled, coated sheet and bar products. To learn more about Stelco and its\nbusinesses, please refer to our Web site at www.stelco.com.\n\n\n%SEDAR: 00001549E\n\n\n","length":927,"tagName":"div"}]