Metalurgica Gerdau replaces USD 875 million facility with USD 1.125 billion global credit line

Reuters2026/08/31 22:31

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Metalúrgica Gerdau joined Gerdau and affiliates in a Senior Unsecured Global Working Capital Credit Agreement for USD 1.125 billion.
The new facility replaces a fully available, undrawn USD 875 million line, lifting total availability by about 29%.
Five-year term with maturity expected in late August 2031; extension option of up to one year.
Crédit Agricole CIB will administer the facility with nine lenders, including BBVA, Santander, Bank of America, BNP Paribas, Citibank.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Metalúrgica Gerdau SA published the original content used to generate this news brief on August 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Metalurgica Gerdau replaces USD 875 million facility with USD 1.125 billion global credit line

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