* Reliance (NYSE:RS [https://seekingalpha.com/symbol/RS]) entered into [https://seekingalpha.com/pr/20204567-reliance-inc-announces-new-term-loan-facility-maintaining-strong-financial-flexibility] a $400 million unsecured term loan facility maturing August 2028.
* The proceeds of the facility were used to refinance the company’s $400M senior unsecured notes maturing August 15, 2025.
* The new facility complements Reliance’s existing capital structure, further optimizing its balance sheet while maintaining ample capacity to invest in high-return opportunities.
* “The refinancing enables us to continue to advance our opportunistic capital allocation strategies of organic growth, strategic acquisitions, and consistent returns to stockholders through quarterly dividends and opportunistic share repurchases," said Karla Lewis, CEO.
MORE ON RELIANCE, INC.
* Reliance: Solid Compounder In A 'Boring' Industry [https://seekingalpha.com/article/4806280-reliance-solid-compounder-in-a-boring-industry]
* Reliance, Inc. (RS) Q2 2025 Earnings Call Transcript [https://seekingalpha.com/article/4804070-reliance-inc-rs-q2-2025-earnings-call-transcript]
* Reliance anticipates Q3 EPS of $3.60–$3.80 as gross margin faces ongoing pressure amid tariff uncertainty [https://seekingalpha.com/news/4471641-reliance-anticipates-q3-eps-of-3_60-3_80-as-gross-margin-faces-ongoing-pressure-amid-tariff]
* Reliance, Inc. Q2 2025 Earnings Preview [https://seekingalpha.com/news/4470106-reliance-inc-q2-2025-earnings-preview]
* Seeking Alpha’s Quant Rating on Reliance, Inc. [https://seekingalpha.com/symbol/RS/ratings/quant-ratings]
Reliance gets new $400M term loan facility
Published 2 months ago
Aug 19, 2025 at 11:14 AM
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