Reliance, inc. announces new term loan facility, maintaining strong financial flexibility

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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