On October 28, 2005, Gerdau Ameristeel Corp. completed a refinancing of its senior secured revolving credit facility. The new credit facility has a five-year term maturing October 2010 and increases the existing revolving credit line from US$350 million to US$650 million. The facility was agented by Bank of America, NA, and its Canada branch.
Gerdau Ameristeel is the second largest minimill steel producer in North America with annual manufacturing capacity of more than 8.4 million tons of mill finished steel products. The company's common shares are listed on the TSX and the NYSE.
Gerdau Ameristeel and its domestic and US affiliates were represented in the US and in Canada by Torys LLP with a team that included Bradley Cost, Alexandra Kau, Stephanie Weissglas and Bela Halasz (corporate) and Peter Keenan, Gregg Larson and John Tobin (tax).
Bank of America was represented in Canada by Ogilvy Renault LLP with a team that included Kevin Morley, Arnold Cohen, Adrienne Oliver, Jennifer Bensky, Serge
Levy and Suzana Lobo; and in the US by Parker, Hudson, Rainer & Dobbs LLP with a team that included Michael Leveille, John Mello and Ginger Burton (finance) and Travis Carter (tax).
Gerdau Ameristeel is the second largest minimill steel producer in North America with annual manufacturing capacity of more than 8.4 million tons of mill finished steel products. The company's common shares are listed on the TSX and the NYSE.
Gerdau Ameristeel and its domestic and US affiliates were represented in the US and in Canada by Torys LLP with a team that included Bradley Cost, Alexandra Kau, Stephanie Weissglas and Bela Halasz (corporate) and Peter Keenan, Gregg Larson and John Tobin (tax).
Bank of America was represented in Canada by Ogilvy Renault LLP with a team that included Kevin Morley, Arnold Cohen, Adrienne Oliver, Jennifer Bensky, Serge
Levy and Suzana Lobo; and in the US by Parker, Hudson, Rainer & Dobbs LLP with a team that included Michael Leveille, John Mello and Ginger Burton (finance) and Travis Carter (tax).
