Metals USA exercises $100 million accordion

New York, July 3 - Metals USA, Inc. exercised the $100 million accordion feature on its asset-based credit facility.

The total commitment is now $625 million, up from $525 million and composed of $600 million of tranche A commitments and $25 million of tranche A-1 commitments, according to an 8-K filing with the Securities and Exchange Commission.

All other terms are unchanged.

Credit Suisse is the administrative agent.

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