Evraz North America completes $610 million asset-based credit facility

By Sara Rosenberg

New York, Jan. 24 - Evraz North America closed on a new $610 million asset-based credit facility, according to a news release.

GE Capital Markets is the administrative agent on the deal and acted as a joint lead arranger and joint bookrunner.

Proceeds will be used for working capital and general corporate purposes.

Evraz is a Chicago-based steel manufacturer.

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