UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
-----------------------
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
-----------------------
Date of Report (Date of earliest event reported):
November 24, 2009
United States Steel Corporation
----------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 1-16811 25-1897152
--------------- ---------------------- -------------------
(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification No.)
incorporation)
600 Grant Street, Pittsburgh, PA 15219-2800
---------------------------------- ----------
(Address of principal executive (Zip Code)
offices)
(412) 433-1121
------------------------------
(Registrant's telephone number,
including area code)
--------------------------------------------------------------------------------
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
2
Item 1.01. Entry into a Material Definitive Agreement
On November 24, 2009, United States Steel Corporation (the "Corporation")
entered into a Loan Agreement (the "Agreement") in connection with the issuance
and sale by the Allegheny County Industrial Development Authority (the "Issuer")
of $129,145,000 of Allegheny County Industrial Development Authority
Environmental Improvement Revenue Bonds (United States Steel Corporation
Project) Refunding Series of 2009 (the "Bonds"). Pursuant to the Agreement, the
Issuer will provide the proceeds of the sale of the Bonds for the purpose of
refunding three previous series of the Issuer's bonds totaling $129,145,000 (the
"Refunded Bonds"), and the Corporation agreed to provide the trustee under the
Indenture issued in connection with the Bonds with funds sufficient to pay, when
due, the principal of and interest on the Bonds. The Refunded Bonds will be
redeemed on December 3, 2009 and were issued to refund seven prior issues of the
Issuer's bonds, the proceeds of which were used to finance the acquisition,
construction, equipping and installation of the pollution control facilities.
The Agreement is filed herewith as Exhibit 10.1.
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement of a Registrant
The disclosure under Item 1.01 of this Form 8-K is incorporated in this Item
2.03 by reference.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
10.1 Loan Agreement between Allegheny County Industrial Development
Authority and United States Steel Corporation dated as of
November 1, 2009 regarding $129,145,000 aggregate principal
amount of Allegheny County Industrial Development Authority
Environmental Improvement Revenue Bonds (United States
Steel Corporation Project) Refunding Series of 2009.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
UNITED STATES STEEL CORPORATION
By /s/ Gregory A. Zovko
--------------------
Gregory A. Zovko
Vice President & Controller
Dated: November 24, 2009