Press Release

Haynes and Boone Represents Commercial Metals in Debt Refinancing

February 04, 2021
Haynes and Boone, LLP successfully represented Commercial Metals Company (NYSE: CMC), the largest manufacturer and fabricator of steel reinforcing bar in the U.S., as issuer’s counsel in a debt refinancing involving: an SEC registered offering of $300 million aggregate principal amount of 3.875% senior notes due 2031, which closed on Feb. 2, 2021; and a cash tender offer for any and all of Commercial Metals’ outstanding $350 million aggregate principal amount of 5.750% senior notes due 2026, as well as the redemption of any 2026 notes that are not repurchased in the tender offer.

Partners Jennifer Wisinski, Rosebud Nau and Monika Sanford led the Haynes and Boone team representing Commercial Metals Company. They were assisted by Associates Matthew Barringer, Mike Haden and Mei Randall.

Based in Irving, Texas, Commercial Metals Company manufactures, recycles and fabricates steel and metal products, related materials and services through a network of facilities that includes electric arc furnace (“EAF”) mini mills, EAF micro mills, rerolling mills, steel fabrication and processing plants, construction-related product warehouses and metal recycling facilities in the United States and Poland.

Haynes and Boone is an international corporate law firm with offices in Texas, New York, California, Charlotte, Chicago, Denver, Washington, D.C., London, Mexico City and Shanghai, providing a full spectrum of legal services in energy, technology, financial services and private equity. With 600 lawyers, Haynes and Boone is ranked among the largest U.S.-based firms by The National Law Journal, The American Lawyer and The Lawyer. It was recognized across the board for excellence in the BTI Consulting Group’s 2020 “A-Team” report, which identifies the law firms that in-house counsel commend for providing superior client service.