Russel Metals extends C$450 million credit facility to 2023

By Wendy Van Sickle

Columbus, Ohio, Sept. 29 – Russel Metals Inc. extended its C$450 million credit facility led by RBC Capital Markets by two years to Sept. 21, 2023.

In addition to the extension, the credit agreement was updated to provide additional borrowing base flexibility and other improvements, the company reported in a news release Tuesday.

Russel is a Toronto-based metals distribution company.

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