O'Neal Steel completes $350 million asset-based credit facility

By Sara Rosenberg

New York, Oct. 5 - O'Neal Steel closed on a $350 million four-year asset based revolving credit facility, according to a news release.

U.S. Bank acted as the lead bank on the deal.

Proceeds will be used to support the company's working capital and growth needs.

O'Neal Steel is a Birmingham, Ala.-based full-line metal service center.

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