STEEL DYNAMICS, INC., as Issuer, the Guarantors Party Hereto, as Initial Subsidiary Guarantors and Wells Fargo Bank, National Association as Trustee First Supplemental Indenture Dated as of April 18, 2008 7% Senior Notes due 2016

Contract Categories: Business Finance - Indenture Agreements
EX-4.12 3 a08-12079_1ex4d12.htm EX-4.12

EXHIBIT 4.12

 

EXECUTION COPY

 

STEEL DYNAMICS, INC.,

 

as Issuer,

 

the Guarantors Party Hereto,

 

as

Initial Subsidiary Guarantors

 

and

 

Wells Fargo Bank, National Association

as Trustee

 


 

First Supplemental Indenture

 

Dated as of April 18, 2008

 


 

7¾% Senior Notes due 2016

 



 

FIRST SUPPLEMENTAL INDENTURE, dated as of April 18, 2008 (this “Supplemental Indenture”), by and among Steel Dynamics, Inc., an Indiana corporation (the “Company”), the Guarantors listed on the signature pages hereto and Wells Fargo Bank, National Association, a national banking association(or its permitted successor), as trustee under the Indenture referred to below (the “Trustee”).

RECITALS

 

WHEREAS, the Company and the other Guarantors party thereto have heretofore executed and delivered to the Trustee an indenture (the “Indenture”), dated as of April 3, 2008, providing for the issuance from time to time of 7¾% Senior Notes due 2016 (the “Notes”);

 

WHEREAS, Section 9.01 of the Indenture provides, among other things, that the Company and the Guarantors may amend or supplement the Indenture to provide for the issuance of additional Notes;

 

WHEREAS, the Company desires to amend the Indenture to provide for the issuance of $125,000,000 in aggregate principal amount of additional Notes that will not be registered under the Securities Act of 1933, as amended, at the time of issuance but which may be registered under the Securities Act at a later date and, in connection therewith, to make certain other changes to the Indenture that will not materially adversely affect the rights under the Indenture of any Holder; and

 

WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee is authorized to execute and deliver this Supplemental Indenture.

 

NOW THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Company, the Guarantors hereto and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows:

 

1.     Capitalized Terms.  Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture.

 

2.     Amendment to Article One.  The following paragraph shall be added to Section 1.01 of Article One of the Indenture and shall replace any existing definitions (if applicable) in the Indenture prior to the date hereof:

 

Registration Rights Agreement” means (1) with respect to the Notes issued on April 3, 2008, the registration rights agreement among the Company, the Initial Subsidiary Guarantors, Banc of America Securities LLC, Goldman, Sachs & Co., Morgan Stanley & Co. Incorporated, ABN AMRO Incorporated and Wells Fargo Securities, LLC, dated April 3, 2008, (2) with respect to the Notes to be issued on the date of the First Supplemental Indenture, the registration rights agreement among the Company, the Initial Subsidiary Guarantors and Banc of America Securities LLC, Goldman, Sachs & Co., Morgan Stanley & Co. Incorporated, ABN AMRO Incorporated and Wells Fargo Securities, LLC, dated April 18, 2008 and (3) with respect to any subsequent additional Notes, any registration rights agreement between the Company and the other parties thereto relating to the registration by the Company of such additional Notes under the Securities Act.

 

3.     Continued Effectiveness.  Except as expressly modified or amended hereby, the Indenture continues in full force and effect and is in all respects confirmed, ratified and

 



 

preserved.  This Supplemental Indenture and all its provisions shall be deemed a part of the Indenture in the manner and to the extent herein and therein provided.

 

4.     NEW YORK LAW TO GOVERN.  THE LAW OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO CONSTRUE THIS SUPPLEMENTAL INDENTURE.

 

5.     Counterparts.  The parties may sign any number of copies of this Supplemental Indenture.  Each signed copy shall be an original, but all of them together represent the same agreement.

 

6.     Effect of Headings.  The Section headings herein are for convenience only and shall not affect the construction hereof.

 

7.     Trustee.  The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Company and the Guarantors listed on the signature pages hereto.

 

 

[Remainder of page intentionally left blank.]

 



 

IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed and attested, all as of the date first above written.

 

 

Dated:  April 18, 2008

STEEL DYNAMICS, INC.

 

 

By:

  /s/ Theresa E. Wagler

Name:

Theresa E. Wagler

Title:

Vice President

 

 

 

 

 

SDI INVESTMENT COMPANY

 

 

 

 

By:

  /s/ Theresa E. Wagler

Name:

Theresa E. Wagler

Title:

Vice President

 

 

 

 

 

STEEL DYNAMICS SALES NORTH
AMERICA, INC.

 

 

 

 

By:

  /s/ Theresa E. Wagler

Name:

Theresa E. Wagler

Title:

Vice President

 

 

 

 

 

NEW MILLENNIUM BUILDING
SYSTEMS, LLC

By:

Steel Dynamics, Inc. Sole Member

 

 

 

 

 

By:

  /s/ Theresa E. Wagler

Name:

Theresa E. Wagler

Title:

Vice President

 

 

 

 

 

ROANOKE ELECTRIC STEEL
CORPORATION

 

 

 

By:

  /s/ Theresa E. Wagler

Name:

Theresa E. Wagler

Title:

Vice President

 



 

 

NEW MILLENNIUM BUILDING
SYSTEMS, INC.

 

 

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 

 

 

 

 

 

 

SOCAR OF OHIO, INC.

 

 

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 

 

 

 

 

 

 

JOHN W. HANCOCK, JR., LLC

 

By:

Roanoke Electric Steel Corporation, Sole

 

Member and Manager

 

 

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 

 

 

 

 

 

 

STEEL OF WEST VIRGINIA, INC.

 

 

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 

 

 

 

 

 

 

STEEL VENTURES, INC.

 

 

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 



 

 

SWVA, INC.

 

 

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 

 

 

 

 

 

 

MARSHALL STEEL, INC.

 

 

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 

 

 

 

 

 

 

SHREDDED PRODUCTS, LLC

 

By:

Roanoke Electric Steel Corporation, Sole

 

Member and Manager

 

 

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 

 

 

 

 

 

 

SHREDDED PRODUCTS II, LLC

 

By:

Steel Dynamics, Inc., Sole

 

Member and Manager

 

 

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 

 

 

 

 

 

 

THE TECHS INDUSTRIES, INC.

 

 

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 



 

 

OMNISOURCE CORPORATION

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 

 

 

 

 

 

 

ADMETCO, INC.

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 

 

 

 

 

 

 

AUBURN INVESTMENT COMPANY, LLC

 

By:

OmniSource Corporation, Sole Member

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 

 

 

 

 

 

 

CAPITOL CITY METALS, LLC

 

By:

OmniSource Indianapolis, LLC, Sole

 

Member

 

By:

OmniSource Corporation, Sole Member

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 

 

 

 

 

 

 

CAROLINA INVESTMENT COMPANY,

 

LLC

 

By:

OmniSource Corporation, Sole Member

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 



 

 

GLOBAL SHREDDING TECHNOLOGIES,

 

LTD., LLC

 

By:

OmniSource Corporation, Sole Member

 

 

 

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 

 

 

 

 

 

 

INDUSTRIAL SCRAP CORPORATION

 

 

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 

 

 

 

INDUSTRIAL SCRAP, LLC

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 

 

 

 

JACKSON IRON & METAL COMPANY,

 

INC.

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 

 

 

 

LUCKY STRIKE METALS, LLC

 

By:

OmniSource Corporation, Sole Member

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 



 

 

MICHIGAN PROPERTIES ECORSE, LLC

 

By:

OmniSource Corporation, Sole Member

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 

 

 

 

 

 

 

OMNISOURCE ATHENS DIVISION, LLC

 

By:

OmniSource Corporation, Sole Member

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 

 

 

 

 

 

 

OMNISOURCE BAY CITY, LLC

 

By:

Jackson Iron & Metal Company, Inc.,

 

Sole Member

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 

 

 

 

 

 

 

OMNISOURCE INDIANAPOLIS, LLC

 

By:

OmniSource Corporation, Sole Member

 

 

 

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 

 

 

 

OMNISOURCE, LLC

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 



 

 

OMNISOURCE MEXICO, LLC

 

By:

OmniSource Corporation, Sole Member

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 

 

 

 

 

 

 

OMNISOURCE TRANSPORT, LLC

 

By:

OmniSource Corporation, Sole Member

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 

 

 

 

 

 

 

RECOVERY TECHNOLOGIES, LLC

 

By:

OmniSource Corporation, Sole Member

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 

 

 

 

 

 

 

SCIENTIFIC RECYCLING GROUP, LLC

 

By:

OmniSource Corporation, Sole Member

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 

 

 

 

 

 

 

SUPERIOR ALUMINUM ALLOYS, LLC

 

 

 

 

By:

  /s/ Theresa E. Wagler

 

Name:

Theresa E. Wagler

 

Title:

Vice President

 



 

 

WELLS FARGO BANK, NATIONAL

 

ASSOCIATION

 

 

 

 

 

 

 

By:

/s/ Gregory S. Clarke

 

 

Name:

 Gregory S. Clarke

 

 

Title:

Vice President