PURCHASE AGREEMENT United States Steel Corporation $1,056,357,000 12.000% Senior Secured Notes due 2025Purchase Agreement • May 26th, 2020 • United States Steel Corp • Steel works, blast furnaces & rolling mills (coke ovens) • New York
United States Steel Corporation, a Delaware corporation (the “Company”), proposes to issue and sell to the several initial purchasers listed in Schedule 1 hereto (the “Initial Purchasers”), for whom J.P. Morgan Securities LLC is acting as representative (the “Representative”), $1,056,357,000 aggregate principal amount of its 12.000% Senior Secured Notes due 2025 (the “Securities”). The Securities will be issued pursuant to an indenture to be dated as of May 29, 2020 (the “Indenture”), among the Company, the guarantors listed in Schedule 2 hereto (collectively, the “Guarantors”) and U.S. Bank, National Association, as trustee (in such capacity, the “Trustee”) and as collateral agent (in such capacity, the “Collateral Agent”), and will be guaranteed on a senior secured basis by the Guarantors (the “Guarantees”).
