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Prospect News home > News index > List of issuers R > Headlines for RG Steel LLC > News item
Published on 4/4/2011 in the Prospect News Bank Loan Daily.

RG Steel completes $750 million asset-based credit facility

By Sara Rosenberg

New York, April 4 - RG Steel LLC closed on a new $750 million asset-based credit facility, according to a news release.

GE Capital Markets served as a co-lead arranger on the deal.

Proceeds are being used to support the acquisition of three steel companies from Severstal North America, which are being combined to form RG Steel, a flat-rolled steel producer.


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