November 24, 2009
Gerdau Ameristeel Corporation today announced that the Company has entered into a loan agreement pursuant to which a wholly-owned subsidiary will borrow $610 million on arm&os;s length terms from Gerdau Holdings Inc., a subsidiary of Gerdau S.A.
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November 24, 2009
WYOMISSING, Pa.—-Carpenter Technology Corporation , announced today the successful completion of a $200 million syndicated credit facility. This three year revolving line of credit replaces the five year $150 million revolver due to expire in August, 2010 and the $50 million accounts receivable securitization facility due to expire in March, 2010.
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