Carpenter Technology restates $300 million credit facility, extends to 2024

By Wendy Van Sickle

Columbus, Ohio, March 26 – Carpenter Technology Corp. said it restated its syndicated credit facility for a $300 million credit facility due March 31, 2024, according to a press release.

Previously the credit facility had been set to expire on March 31, 2022.

Bank of America Merrill Lynch and J.P. Morgan Securities serve as the joint lead arrangers.

Based in Wyomissing, Pa., Carpenter produces and distributes specialty alloys and various engineered products.

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