Provided By GlobeNewswire
Last update: Aug 19, 2025
SCOTTSDALE, Ariz., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE: RS) announced today that effective August 14, 2025, it has entered into a $400 million unsecured term loan facility maturing August 2028 (the “Facility”). The proceeds of the Facility were used to refinance the Company’s $400 million 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.
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