Harsco renews back-up credit facility for $525 million

By Angela McDaniels

Tacoma, Wash., March 2 - Harsco Corp. said it renewed its unsecured back-up credit facility. The new $525 million five-year facility replaces a three-year facility due to expire later this year.

The consortium of 14 banks was co-led by Citibank and Royal Bank of Scotland, according to a company news release.

The company said the new facility was oversubscribed.

Harsco is a industrial services and engineered products company based in Camp Hill, Pa.

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