4.423% Senior Unsecured Notes
On March 28, 2025, Russel Metals issued $300m of Senior Unsecured Notes due 2030. The Notes will mature on March 28, 2030. Interest on the Notes will accrue at the rate of 4.423% per annum payable in equal, semi-annual installments on March 28 and September 28 of each year, and the first interest payment date will be September 29, 2025.
Credit Ratings
Please note that inclusion of the following credit ratings is for information purposes only and does not reflect Russel Metals’ agreement or disagreement with the opinions expressed by the rating agency.
| S&P Global | DBRS Morningstar | |
|---|---|---|
| Corporate Rating | BB+ | BBB (low) |
| Outlook | Positive | Stable |
| 4.423% Senior Unsecured Notes | not rated | BBB (low) |