secwatch.observer — SEC 8-K summary
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Issuer:     Ryerson Holding Corp (RYZ)
CIK:        0001481582
Form:       8-K
Filed at:   2022-06-30T23:59:59+00:00
Accession:  0001193125-22-186254
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ryerson increases revolving credit facility to $1.3B, extends maturity to June 2027
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- Aggregate commitments increased from $1.0B to $1.3B; maturity extended from Nov 2025 to June 2027.
- Pricing converted from LIBOR to SOFR with margins potentially 12.5 bps lower if financial metrics achieved.
- Facility secured by inventory and accounts receivable of U.S. and Canadian subsidiaries.
- CFO Jim Claussen says upsize and extension strengthen balance sheet and provide increased optionality.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1481582/000119312522186254/0001193125-22-186254-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1481582/000119312522186254/d376318d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-186254

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer