VALLOUREC
VALLOUREC ALIGNS ITS FINANCIAL STRUCTURE WITH ITS INVESTMENT-GRADE PROFILE WITH A NEW €750 MILLION MULTICURRENCY REVOLVING CREDIT FACILITY
Meudon (France), November 6, 2026 – Vallourec, a world leader in premium tubular solutions, announces today the signing of a new €750 million multicurrency revolving credit facility (RCF). The new facility replaces both the existing undrawn €550 million RCF, signed in April 2024, and the undrawn US$350 million asset-based lending (ABL) facility signed in November 2022.
The new RCF has a five-year term, with two one-year extension options, and will support general corporate purposes. It also includes a €225 million accordion option, subject to lenders’ approval. The new facility is based on the Investment Grade Loan Market Association template, with improved terms and lower financing costs…
