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):
May 13, 2010
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))
Item 1.01. Entry into a Material Definitive Agreement
On May 13, 2010, United States Steel Corporation (the "Corporation") entered
into a Loan Agreement (the "Agreement") in connection with the issuance and
sale by the Indiana Finance Authority (the "Issuer") of $88,810,000 of Indiana
Finance Authority Environmental Improvement Revenue Refunding Bonds, Series
2010 (United States Steel Corporation Project)(the "Bonds"). Pursuant to the
Agreement, the Issuer will provide the proceeds of the sale of the Bonds for
the purpose of refunding two previous series of the Issuer's bonds totaling
$88,810,000 (the "Refunded Bonds"). The Agreement obligates the Corporation
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 May 28, 2010 and were issued to
refund four prior issues of bonds, the proceeds of which were used to finance
the acquisition, construction, equipping and installation of certain pollution
control facilities of the Corporation.
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 Indiana Finance Authority and United States
Steel Corporation dated as of May 1, 2010 regarding $88,810,000
aggregate principal amount of Indiana Finance Authority Environmental
Improvement Revenue Refunding Bonds, Series 2010 (United States Steel
Corporation Project).
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: May 18, 2010