Russel Metals to repay bank debt with proceeds from new senior notes

By Sarah Lizee

Olympia, Wash., March 12 – Russel Metals Inc. plans to repay bank debt using proceeds from an offering of C$150 million 6% senior unsecured notes due 2026, according to a press release.

Proceeds will also be used for general corporate purposes.

Russel Metals is a metals distribution company based in Toronto.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.