Bluescope Steel Ltd

5 yr: Registration: 144A/Reg S; Comments: US$500m 5YNC2 sr notes via CS(left)/HSBC. 144a/RegS for life. Guidance 6.5%-6.75%. Pxg April 28. Equity claw up to 35% within the first 2-years. Call protection: NC2 then par plus 1/2 cpn. US$101 COC put.;