Commercial Metals Company (CMC) announced an amendment to its revolving credit facility, increasing borrowing capacity from $600.0 million to $1.0 billion.
The maturity date of the credit agreement has been extended from October 26, 2029, to December 17, 2030.
CMC is known for providing innovative solutions to support construction needs globally.
Increased Capacity
Borrowing capacity raised from $600.0 million to $1.0 billion.
Extended Maturity Date
Maturity date extended from October 26, 2029, to December 17, 2030.
Innovative Solutions Provider
CMC aims to build a stronger, safer, and more sustainable world through its products and technologies.
- The amendment enhances CMC's financial flexibility and capacity for future growth.
- This move signifies a strategic step to strengthen CMC's position in the construction sector.
CMC's credit facility amendment signals a forward-thinking approach to drive growth and support construction needs globally.