MRC Global Announces Closing of $750 Million Asset-Based Loan Facility
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MRC Global Inc. has successfully closed a $750 million asset-based loan facility, extending its maturity to November 2029. This move enhances the company's financial flexibility.
November 12, 2024 | 9:30 pm
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MRC Global Inc. has closed a $750 million asset-based loan facility, extending its maturity to November 2029. This development enhances the company's financial flexibility and stability.
The closing of a $750 million asset-based loan facility with an extended maturity date provides MRC Global with increased financial flexibility and stability. This is likely to be viewed positively by investors, as it strengthens the company's financial position and ability to manage its operations and growth.
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