Gibraltar Industries closes new $400M revolving credit facility due Dec 2027

On December 8, 2022, Gibraltar Industries, Inc. (the “Company”) and its wholly owned subsidiary, Gibraltar Steel Corporation of New York (“GSCNY”), as borrowers, entered into a Credit Agreement with the lenders named therein, KeyBank National Association, as administrative agent, swing line lender and issuing lender, KeyBanc Capital Markets Inc., as joint lead arranger and joint book runner, Bank of America, N.A., M&T Bank, PNC Bank, National Association, as joint lead arrangers, joint book runners and co-syndication agents, and Comerica Bank, TD Bank, N.A. and Wells Fargo Bank, National Association, as co-documentation agents (the “Credit Agreement”).

Concurrently with entering into the Credit Agreement, the Company and GSCNY paid off all amounts owed under the Sixth Amended and Restated Credit Agreement dated as of January 24, 2019 with the lenders named therein and KeyBank National Association, as administrative agent, swing line lender and issuing lender (filed as Exhibit 10.1 to the Company’s Current Report on Form 8-K filed on January 25, 2019 ), and such Sixth Amended and Restated Credit Agreement (together with all security agreements entered in connection therewith) was terminated in connection therewith.