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Form 8-K · Current Report · Filed 2025-03-17

Nucor Corporation Amends Credit Agreement

On March 11, 2025, Nucor Corporation entered into a Fifth Amended and Restated Multi-Year Revolving Credit Agreement with Bank of America, N.A., increasing the borrowing capacity from $1.75 billion to $2.25 billion and extending the maturity date to March 11, 2030.

Filer
Nucor Corporation NUE · NYSE
Filed
Accession
0001193125-25-055684
CIK
0000073309
Signal
Medium impactBasic Materials

Details

This amendment constitutes a material definitive agreement and the creation of a direct financial obligation.

Items reported

Item 1.01

Entry into a Material Definitive Agreement

Financial Instrument Agreement
Item 2.03

Creation of a Direct Financial Obligation

Credit Facility Entered
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$132.09

Next session

-1.7%

Since filing

+94.8%

Latest close

$257.29

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from NUE reporting the same item, with the next session's move:

Exhibits (1)

About Nucor Corporation

Nucor Corporation is a leading American steel producer recognized for its innovative approach to steel production and commitment to sustainability. As one of the largest producers of steel and related products in North America, Nucor operates through its diverse network of mini-mills, providing a comprehensive range of steel products such as bars, beams, sheets, and plates. The company primarily serves sectors like construction, automotive, appliances, and energy, offering essential materials that form the backbone of these industries. Notably, Nucor is renowned for its pioneering use of recycled scrap metal, underscoring its role in promoting sustainable manufacturing practices. Headquartered in Charlotte, North Carolina, Nucor has a significant influence on the steel market, leveraging its flexible production processes and robust supply chain to meet customer demands efficiently. Its emphasis on employee safety, corporate responsibility, and environmental stewardship makes it a key player in advancing eco-friendly manufacturing and reducing industrial carbon footprints.

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