Reliance Steel & Aluminum Co. RS announced today that it has amended
and restated its existing $1.5 billion unsecured revolving credit facility and
raised $500 million in a new term loan. The credit agreement has a term of
five years, expiring April 4, 2018 and includes an increase option of the
revolving credit facility for up to an additional $500 million. Both
facilities allow for prepayments.
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