/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR
DISSEMINATION IN THE UNITED
TORONTO, Oct. 27, 2020 /CNW/ - Russel Metals Inc.
(TSX: RUS) announced today that it has closed its $150 million aggregate principal amount offering
of 5.75% Senior Unsecured Notes due 2025 (the "2025 Notes").
The 2025 Notes were offered on a private placement basis in each
of the provinces of Canada. The 2025 Notes were not offered
to investors outside of Canada. This announcement does not
constitute an offer to sell or the solicitation of an offer to buy
About Russel Metals
Russel Metals is one of the
largest metals distribution companies in North America. It
carries on business in three metals distribution segments:
metals service centers, energy products and steel
distributors. Its network of metals service centers carries
an extensive line of metal products in a wide range of sizes,
shapes and specifications, including carbon hot rolled and cold
finished steel, pipe and tubular products, stainless steel,
aluminum and other non-ferrous specialty metals. Its energy
products operations carry a specialized product line focused on the
needs of energy industry customers. Its steel distributors
operations act as master distributors selling steel in large
volumes to other steel service centers and large equipment
manufacturers mainly on an "as is" basis.
If you would like to unsubscribe from receiving Press
Releases, you may do so by emailing email@example.com; or by
calling our Investor Relations Line: 905-816-5178.
SOURCE Russel Metals Inc.