Gibraltar Industries Announces New $400 Million Credit Facility
Capacity increases to
Provides additional flexibility regarding acquisitions and capital allocation
In addition to the
“Thanks to an extraordinary group of banks that have supported our
growth strategy for many years, we successfully increased the capacity,
reduced the cost and extended the terms of our revolving credit
agreement,” said Treasurer
About
Safe Harbor Statement
Information contained in this news
release, other than historical information, contains forward-looking
statements and is subject to a number of risk factors, uncertainties,
and assumptions. Risk factors that could affect these statements
include, but are not limited to, the following: the availability of raw
materials and the effects of changing raw material prices on the
Company’s results of operations; energy prices and usage; changing
demand for the Company’s products and services; changes in the liquidity
of the capital and credit markets; risks associated with the integration
and performance of acquisitions; and changes in interest and tax rates.
In addition, such forward-looking statements could also be affected by
general industry and market conditions, as well as macroeconomic factors
including government monetary and trade policies, such as tariffs and
expiration of tax credits along with currency fluctuations and general
political conditions. Other risks and uncertainties that arise from time
to time are described in Item 1A “Risk Factors” of the Company’s Annual
Report on Form 10-K. The Company undertakes no obligation to update any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as may be required by applicable law
or regulation.
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Source:
Timothy Murphy
Chief Financial Officer
716-826-6500 ext. 3277
tfmurphy@gibraltar1.com