Worthington Steel, Inc. 8K

Worthington Steel, Inc. completed the acquisition of Klöckner & Co SE, financed with new senior secured notes and a term loan, and provided unaudited pro forma combined financial information reflecting the transaction.

Worthington Steel, Inc. completed its acquisition of Klöckner & Co SE on June 3, 2026 pursuant to a Business Combination Agreement dated January 15, 2026, under which its subsidiary Worthington Steel GmbH launched a voluntary public cash takeover offer to purchase all Klöckner shares for €11.00 per share; to finance the transaction and related costs, Worthington Steel issued $700 million of 7.750% senior secured notes due 2033, entered into a $700 million seven-year senior secured term loan facility, and amended its revolving credit and security agreement on June 1, 2026, and is presenting unaudited pro forma condensed combined financial information prepared under Article 11 of Regulation S‑X reflecting the acquisition and financing using the acquisition method of accounting under ASC 805.

Filing Facts

CIK

1968487

Ticker

-

Form

8K

Source Type

sec

Accession

0001193125-26-356964

Alert Tier

8