TimkenSteel Announces Proposed Offering of Convertible Senior Notes
The notes are expected to mature on
The company intends to use the net proceeds received from the notes offering to repay a portion of the amounts outstanding under its asset-based revolving credit facility.
The notes offering may be made only by means of a prospectus supplement and an accompanying prospectus. When available, copies of a preliminary prospectus supplement and the accompanying prospectus relating to the notes offering may be obtained from
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the notes or any other securities, nor will there be any sale of the notes or any other securities in any state or jurisdiction in which such an offer, solicitation or sale is not permitted. A registration statement relating to these securities has been filed with the
Cautionary Note Regarding Forward-Looking Statements
This news release includes "forward-looking statements" within the meaning of the securities laws. The statements in this news release regarding