imilarly, we reiterate our Buy rating on AKS' 7.0% senior notes due 2027 (101.750 price, 6.7% YTW, 412 OAS) for the reasons listed above. Figure 4 - AK Steel Holding Corporation (ARS) 3017 Capitalization cualtignillan Cash & Equivalents $1.35bn L+200 ABL Revolver 9/13/22 $380mn 7.50%Sr Sec'd Nts 7/15/23 Capital lease Se