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Published on 11/3/2008 in the Prospect News Bank Loan Daily.

Metals USA draws roughly $160 million under ABL facility

By Sara Rosenberg

New York, Nov. 3 - Metals USA Inc. borrowed about $160 million under its ABL credit facility during the month of September, according to a 10-Q filed with the Securities and Exchange Commission on Monday.

The draw was made in response to concerns about credit markets.

Metals USA is a Houston-based metals processor and distributor.


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