Gerdau lines up USD 1.13 billion global working-capital credit facility

Reuters2026/08/31 22:36

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Gerdau’s board authorized a new Senior Unsecured Global Working Capital Credit Agreement for up to USD 1.13 billion.
The five-year facility includes an extension option of up to one additional year.
Crédit Agricole Corporate and Investment Bank will administer the line, with up to nine relationship lenders expected to join.
The board also cleared joint and several guarantees covering obligations of multiple Gerdau group borrowers under the Credit Agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gerdau SA published the original content used to generate this news brief on August 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Gerdau lines up USD 1.13 billion global working-capital credit facility

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