TimkenSteel enters $400M asset-based revolving credit facility due 2027

Metallus Inc.

$400M asset-based revolving credit facility, maturing Sept 30, 2027.
Amends and restates prior Third Amended Credit Agreement from Oct 2019.
Borrowing base on eligible AR, inventory, equipment; interest at ABR or SOFR plus margins.
$15M LC sublimit, $40M swingline sublimit; can increase by $100M plus $30M FILO tranche.
$5.4M in letters of credit outstanding as of Sept 30, 2022.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.