---
title: "Metalurgica Gerdau replaces USD 875 million facility with USD 1.125 billion global credit line"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297567473.md"
description: "Metalúrgica Gerdau, alongside Gerdaf and affiliates, has entered into a Senior Unsecured Global Working Capital Credit Agreement valued at USD 1.125 billion. This new facility replaces an existing undrawn USD 875 million line, increasing total availability by approximately 29%. The five-year agreement matures in late August 2031, with a one-year extension option. Crédit Agricole CIB will administer the facility, which involves nine lenders including BBVA, Santander, Bank of America, BNP Paribas, and Citibank."
datetime: "2026-08-31T22:31:15.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297567473.md)
  - [en](https://longbridge.com/en/news/297567473.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297567473.md)
generator: "portal-rs"
---

# Metalurgica Gerdau replaces USD 875 million facility with USD 1.125 billion global credit line

-   Metalúrgica Gerdau joined Gerdau and affiliates in a Senior Unsecured Global Working Capital Credit Agreement for USD 1.125 billion. \* The new facility replaces a fully available, undrawn USD 875 million line, lifting total availability by about 29%. \* Five-year term with maturity expected in late August 2031; extension option of up to one year. \* Crédit Agricole CIB will administer the facility with nine lenders, including BBVA, Santander, Bank of America, BNP Paribas, Citibank. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Metalúrgica Gerdau SA published the original content used to generate this news brief on August 31, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**