Graybar Closes $750 Million Financing Deal

Graybar announced today that it has completed the amendment and extension of its unsecured revolving credit facility. The amendment, among other things, extended the company’s five-year revolving credit facility, increased the availability to $750 million and increased the accordion feature to $375 million. The new facility matures in August 2023 and will support Graybar’s general working capital needs as well as its growth initiatives.

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Categories: Fiber, SCN

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