Gerdau replaces USD 875 million credit facility with USD 1.125 billion five-year global working capital line

PUBT · 1d ago
Gerdau replaces USD 875 million credit facility with USD 1.125 billion five-year global working capital line
  • Gerdau entered a Senior Unsecured Global Working Capital Credit Agreement, replacing its existing undrawn USD 875 million global facility.
  • New revolving credit line totals USD 1.125 billion, lifting available committed liquidity by about 29%.
  • Facility runs five years with maturity expected in late August 2031, extendable by up to one year.
  • Crédit Agricole CIB will administer the facility with nine banks providing commitments.


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