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.

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.