Cases & Deals

TimkenSteel amends and restates credit agreement

Client(s) TimkenSteel Corporation

Jones Day represented TimkenSteel Corporation, a leading steel manufacturer of world-class, custom clean steel that advances critical products in the world's most demanding applications, in connection with its fourth amendment and restated credit agreement. The facility consisted of a $400 million secured asset-based revolving credit facility, which includes a $15 million sublimit for the issuance of commercial and standby letters of credit and a $40 million sublimit for swingline loans.