debt
confidence high
sentiment positive
materiality 0.50
CMC extends $600M revolver maturity by two years to 2029; drops foreign borrower
COMMERCIAL METALS Co
- Revolving credit facility maturity extended to October 2029 from October 2027.
- Aggregate commitment remains $600 million; no change in principal amount.
- Foreign borrower CMC International Finance and foreign guaranty released from credit agreement.
- Amendment executed with Bank of America as administrative agent; lenders include Citibank, Wells Fargo, PNC, and others.