Reliance Enters Into $1.5 Billion Credit Facility-March 2024-www.financetom.com

Reliance Enters Into $1.5 Billion Credit Facility

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Reliance Enters Into $1.5 Billion Credit Facility

Sep 16, 2024 12:32 PM

08:05 AM EDT, 09/16/2024 (MT Newswires) -- Reliance (RS) said Monday it has entered into an amended and restated $1.5 billion five-year unsecured revolving credit facility, effective Sept. 10.

The company said it plans to use funds borrowed under the facility for general corporate purposes, growth and stockholder returns.

Previous page： TD Sees Canada's Q3 GDP Posting Growth on Friday Next page： Kraken Robotics Q3 Net Earnings, Revenue Advance

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

TD Sees Canada's Q3 GDP Posting Growth on Friday

Nov 24, 2025

07:10 AM EST, 11/24/2025 (MT Newswires) -- Canada will report September and Q3 gross domestic product data on Friday, said TD. The bank's expectation is that growth will register somewhere between 0.5% and 1.0% on a quarterly annualized basis. This forecast, however, has an additional layer of uncertainty embedded in it as the United States government shutdown delayed the release...

Kraken Robotics Q3 Net Earnings, Revenue Advance

Nov 24, 2025

07:12 AM EST, 11/24/2025 (MT Newswires) -- Kraken Robotics ( KRKNF ) , which rose near 3% last Friday, said Monday that third-quarter net income and revenue both rose. Net income rose to $3.3 million or $0.01 per share, from $1.6 million, or $0.01 per share in the prior year. The result met the consensus analyst estimate of $0.01 per...

Performance Food Group and US Foods end merger talks

Nov 24, 2025

(Reuters) -Performance Food Group Company ( PFGC ) and US Foods ( USFD ) will no longer pursue a potential merger, the companies said on Monday. The move comes roughly two months after the food distributors agreed to exchange sensitive financial information without violating antitrust laws. The companies had been discussing a potential deal since July, according to a report...

Westhaven Advances Exploration Program at Shovelnose Gold Project

Nov 24, 2025

07:11 AM EST, 11/24/2025 (MT Newswires) -- Westhaven Gold ( WTHVF ) on Monday said it has completed a summer drilling program at the Shovelnose gold project in southern British Columbia. The company completed 6,202 meters of drilling in 13 holes, more than double the planned 3,000 meters program. Drilling confirmed the South Zone resource model, with two drill holes...