Gerdau S.A. Announces $500 Million Bond Redemption
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Gerdau S.A. announced a $500 million bond redemption by its subsidiary, GUSAP III LP, set for December 2, 2025. The bonds, with a 4.25% interest rate and maturing in 2030, will reduce future interest obligations. Analysts rate GGB stock as a Buy with a $3.50 target, reflecting a stable financial position despite cash flow challenges. Gerdau operates in the steel industry, focusing on various markets, and has a current market cap of $6.74 billion.
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