Russel Metals announces $300 million private placement of 4.423 percent senior unsecured notes

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20 Mar 2025

Russel Metals Inc. announced the pricing of its inaugural investment-grade offering: a $300 million private placement of 4.423 percent senior unsecured notes maturing in 2030. The notes, rated BBB (low) with a stable trend by DBRS Limited, were structured without financial or maintenance covenants, providing the company with enhanced financial flexibility. The proceeds from the offering are intended for general corporate purposes.

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Russel Metals Inc.

Law Firm / Organization

Davies Ward Phillips & Vineberg LLP

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