Cases & Deals

TimkenSteel amends and restates $300 million credit facility

Client(s) TimkenSteel Corporation

Jones Day represented TimkenSteel Corporation, an international manufacturer and distributor of special bar quality large steel bars and seamless mechanical steel tubing, in connection with the negotiation and documentation of an amended and restated $300 million senior secured asset-based revolving credit facility with a syndicate of banks led by JPMorgan Chase Bank, N.A. as administrative agent and J.P. Morgan Securities LLC and PNC Capital Markets, LLC as joint lead arrangers.