Rendering
| Component: (Network and Table) |
|---|
| Network | 100370 - Disclosure - Debt (Tables) (http://www.ryerson.com/20161231/taxonomy/role/DisclosureDebtTables) |
| Table | (Implied) |
Slicers (applies to each fact value in each table cell)
| Reporting Entity [Axis] | 0001481582 (http://www.sec.gov/CIK) |
| Debt Disclosure [Abstract] | Period [Axis] |
|---|
2016-01-01 - 2016-12-31 |
|---|
Debt Disclosure [Abstract] | |
Long-Term Debt |
Long-term debt consisted of the following at December 31, 2016 and 2015:
|
|
|
At December 31, |
|
|
|
|
2016 |
|
|
2015 |
|
|
|
|
(In millions) |
|
|
Ryerson Credit Facility |
|
$ |
312.0 |
|
|
$ |
272.2 |
|
|
9% Senior Secured Notes due 2017 |
|
|
— |
|
|
|
569.9 |
|
|
11.25% Senior Notes due 2018 |
|
|
— |
|
|
|
170.4 |
|
|
11 % Senior Secured Notes due 2022 |
|
|
650.0 |
|
|
|
— |
|
|
Foreign debt |
|
|
19.2 |
|
|
|
22.0 |
|
|
Unamortized debt issuance costs and discounts |
|
|
(17.7 |
) |
|
|
(11.0 |
) |
|
Total debt |
|
|
963.5 |
|
|
|
1,023.5 |
|
|
Less: |
|
|
|
|
|
|
|
|
|
Short-term foreign debt |
|
|
19.2 |
|
|
|
22.0 |
|
|
Total long-term debt |
|
$ |
944.3 |
|
|
$ |
1,001.5 |
|
|
Principal Payments on Debt |
The principal payments required to be made on debt during the next five fiscal years are shown below:
|
|
|
Amount |
|
|
|
|
(In millions) |
|
|
For the year ended December 31, 2017 |
|
$ |
19.2 |
|
|
For the year ended December 31, 2018 |
|
|
— |
|
|
For the year ended December 31, 2019 |
|
|
— |
|
|
For the year ended December 31, 2020 |
|
|
— |
|
|
For the year ended December 31, 2021 |
|
|
312.0 |
|
|
For the years ended thereafter |
|
|
650.0 |
|
|