Nucor Corporation announced that on March 11, 2025, it entered into a fifth amended and restated multi-year revolving credit agreement. This new agreement significantly increases the company's borrowing capacity from $1.75 billion to $2.25 billion.
The maturity date of the credit facility has also been extended to March 11, 2030, providing Nucor with enhanced long-term financial flexibility. This move strengthens the company's liquidity position and supports its ongoing capital allocation strategies.
The revolving credit facility remains undrawn, indicating Nucor's robust cash position and conservative financial management. This increased capacity can be utilized for future growth initiatives, working capital needs, or to navigate potential market fluctuations.
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