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October 29, 2024 16:15 ET | Source: MRC Global

MRC Global Simplifies Capital Structure by Securing New $350 Million Term Loan B and Repurchasing Convertible Preferred Stock

MRC Global Inc. (NYSE: MRC) secured a new $350 million Senior Secured Term Loan B and repurchased its preferred stock.
October 15, 2024 07:19 ET | Source: MRC Global

MRC Global Announces Actions to Strengthen Its Capital Structure

MRC Global Inc. announced it has agreed to repurchase all 363,000 shares of its 6.50% Series A Convertible Perpetual Preferred Stock.