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Gerdau S.A. Announces Commencement Of Cash Tender Offer Up To A Maximum Aggregate Consideration Of U.S.$500,000,000 For The Outstanding 4.750% Bonds Due 2023, 5.893% Bonds Due 2024 And 4.875% Bonds Due 2027

SÃO PAULO, Nov. 4, 2021 /PRNewswire/ -- Gerdau S.A. ((Bovespa: GGBR, NYSE:GGB, Latibex: XGGB)) ("Gerdau" or the "Company") today announced the commencement of an offer to purchase for cash up to a maximum amount of U.S. $500,000,000 (the "Aggregate M