Commercial Metals Company increased the borrowing limit on its existing revolving credit facility from $600 million to $1.0 billion and extended the maturity date to December 17, 2030, a change announced on December 17, 2025.
The expansion gives the company a larger liquidity buffer to support ongoing operations, fund strategic acquisitions, and refinance existing debt. It aligns with CMC’s announced shift toward higher‑margin construction solutions, a transformation that has already seen the company acquire Foley Products for $1.84 billion and Concrete Pipe & Precast, LLC.
By extending the facility’s maturity to 2030, CMC gains a decade‑long window to manage its debt profile, reducing refinancing risk and allowing the company to time capital deployments more flexibly. The longer horizon also supports the company’s plan to pursue additional acquisitions or capital projects without the pressure of short‑term debt rollovers.
The amendment includes a clause that permits the company to increase the revolver or add new term‑loan commitments up to $250 million, subject to customary conditions. This provision positions CMC to quickly tap additional capital if market conditions or strategic opportunities arise, while keeping borrowing costs within the current interest rate environment.
Management has emphasized that the expanded credit line underpins the company’s focus on sustainable, circular construction materials and the growth of its precast concrete platform. The facility’s flexibility is intended to accelerate the deployment of new manufacturing networks in the United States and Central Europe, where demand for high‑performance concrete is rising.
The credit expansion comes at a time when many industrial firms are securing longer‑dated financing to hedge against economic uncertainty. For CMC, the move strengthens its balance sheet and supports the company’s broader strategy of delivering higher‑margin products to infrastructure, non‑residential, and energy‑generation markets.
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