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Commercial Metals (CMC) agrees to sell $300M of 3.875% senior notes due 2031 in an underwritten public offering.The company intends to use the net proceeds, together with cash on hand, to fund its cash tender offer for any and all of its outstanding $350M principal amount of 5.750% senior notes due 2026, and to redeem any 2026 notes that are not repurchased pursuant to the tender offer.Offering is expected to close on Feb. 2, 2021.Previously (Jan. 8): Steel prices continue steady climb; fourth since late November