Olympic Steel Announces Completion of Amendment and Extension of Credit Facility
Olympic Steel, Inc. (ZEUS)
Last olympic steel, inc. earnings: 5/1 06:30 am
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US:NASDAQ Investor Relations:
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Source: Business Wire
CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, announced that it has amended and extended the maturity of its existing $625 million, five-year asset-based revolving credit facility through April 17, 2030.The revolving credit facility is secured primarily by the accounts receivable, inventory, property, equipment and select real estate owned by the Company. The revolving credit facility includes an increase option of up to $200 million.After giving effect to the amendment and the extension, the Company had approximately $269 million of availability under the revolving credit facility. The Company intends to use funds borrowed under the revolving credit facility for working capital needs, acquisitions and funding of future growth initiatives.“Through the support of the syndicate of banks involved in our revolving credit facility, the amendment and five-year extension provide an excellent source of low-cost capital to Olympic
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ZEUS
News
- Olympic Steel (NASDAQ:ZEUS) had its "sell (d+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Olympic Steel Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Olympic Steel, Inc. - ZEUSBusiness Wire
- ZEUS Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Olympic Steel, Inc. is Fair to ShareholdersBusiness Wire
- Shareholder Alert: The Ademi Firm investigates whether Olympic Steel Inc. is obtaining a Fair Price for its Public ShareholdersPR Newswire
- Olympic Steel Reports Third-Quarter 2025 ResultsBusiness Wire
ZEUS
Earnings
- 2/20/25 - Beat
ZEUS
Sec Filings
- 12/10/25 - Form 4
- 10/31/25 - Form 425
- 10/30/25 - Form 425
- ZEUS's page on the SEC website