Reliance, Inc. Announces Amended and Restated $1.5 Billion Credit Facility
Reliance(RS) GlobeNewswire News Room·2024-09-16 18:50
SCOTTSDALE, Ariz., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE: RS) announced today that effective September 10, 2024, it has entered into an amended and restated $1.5 billion five-year unsecured revolving credit facility (the “Facility”). The Company intends to use funds borrowed under the Facility from time to time for general corporate purposes, growth and stockholder return activities. “We are very pleased with the terms achieved for this new credit facility,” said Karla Lewis, President and ...