CHICAGO, March 1 /PRNewswire-FirstCall/ -- An affiliate of Mittal Steel USA Inc., Ispat Inland ULC, has issued a notice of redemption for all $150,000,000 outstanding principal amount of its Senior Secured Floating Rate Notes due 2010 at a redemption price equal to 103% of the outstanding principal amount, plus accrued interest to, but excluding, April 1, 2006. The bonds will be redeemed on April 1, 2006.
A Notice of Redemption is being mailed by LaSalle Bank National Association, the trustee for the notes, to all registered holders of the notes. Copies of the Notice of Redemption and additional information relating to the procedure for redemption may be obtained from LaSalle Bank National Association by calling (312) 904-5532.
About Mittal Steel USA
Mittal Steel USA is North America's largest steelmaker and serves a broad U.S. manufacturing base. The company has operations in 12 states of the United States.
About Mittal Steel Company
Mittal Steel Company N.V. is the world's largest and most global steel company. The company has operations in 16 countries, on four continents. Mittal Steel encompasses all aspects of modern steelmaking, to produce a comprehensive portfolio of both flat and long steel products to meet a wide range of customer needs. It serves all the major steel-consuming sectors, including automotive, appliance, machinery and construction.
For 2004, Mittal Steel had revenues of US$22.2 billion and steel shipments of 42.1 million tons. The company trades on the New York Stock Exchange and the Euronext Amsterdam under the ticker symbol "MT." For additional information on Mittal Steel, please see http://www.mittalsteel.com/ .
