Nucor Corp., founded in 1905 and headquartered in Charlotte, North Carolina, is a leading American steel producer dedicated to providing high-quality steel products. The company operates multiple steel mills and manufacturing facilities across the United States, specializing in steel reinforcing bars, steel sheets, and steel plates, serving diverse sectors including construction, automotive, and energy.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Nucor has a history of bond issuance dating back to the 1990s, with notable issuances including a $500 million bond offered in 2021 to finance operations and capital projects. As of 2023, Nucor's bonds typically yield around 3.5%, which is competitive within the steel industry. The company’s debt instruments are rated investment-grade, reflecting its sound financial health and operational stability. Recent discussions in the market have highlighted potential green bonds as Nucor aims to enhance its sustainability initiatives, indicating a progressive move towards environmentally-friendly financing options.