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Reliance, Inc. to Announce Fourth Quarter and Full Year 2025 Results on Wednesday, February 18th
Globenewswire· 2026-02-05 11:50
PHOENIX, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) announced today that it will report fourth quarter and full year 2025 financial results for the period ended December 31, 2025, on Wednesday, February 18, 2026, after the market closes. Reliance management will host a conference call on Thursday, February 19, 2026, at 11:00 a.m. Eastern Time. The call will be broadcast live over the Internet hosted on the Investors section of the Company's website at reliance.com. Reliance, Inc. Fourth Quar ...
Reliance, Inc. Announces New Term Loan Facility, Maintaining Strong Financial Flexibility
Globenewswire· 2025-08-19 10:50
Core Insights - Reliance, Inc. has entered into a $400 million unsecured term loan facility to refinance existing debt and optimize its capital structure [1][2] - The company aims to enhance liquidity and extend debt maturities while pursuing growth opportunities and shareholder returns [2] Financial Overview - The new loan facility matures in August 2028 and replaces $400 million in senior unsecured notes maturing August 15, 2025 [1] - Reliance's net debt-to-EBITDA ratio stands at 0.9x as of June 30, 2025, indicating a conservative leverage profile [2] Company Profile - Founded in 1939, Reliance, Inc. is a leading global diversified metal solutions provider and the largest metals service center company in North America [3] - The company operates approximately 320 locations across 41 states and 10 countries, serving over 125,000 customers with a wide range of metal products [3] - In 2024, the average order size was $2,980, with about 50% of orders including value-added processing and 40% delivered within 24 hours [3]