WS
Worthington Steel, Inc.
NYSE · Basic Materials · Steel · US
$36.17
+0.50%Jun 30, 2026, 00:00 UTC
Worthington Steel, Inc. entered into a new asset-based revolving credit facility with an initial aggregate commitment of $550 million, which may be increased to finance the acquisition of Klöckner, with borrowings bearing interest at SOFR plus 1.250% to 1.375% or base rate plus 0.250% to 0.375%.
Jun 25, 2026, 00:00 UTC
Worthington Steel, Inc. reported financial results for Q4 and full fiscal year 2026, with Q4 net sales of $929.2 million and a net loss of $48.7 million attributable to controlling interest.
Jun 24, 2026, 16:55 UTC
Worthington Steel's board declared a quarterly dividend of $0.16 per common share.
Source:Jun 3, 2026, 10:22 UTC
Worthington Steel announced its intention to launch a delisting tender offer for Kloeckner & Co shares.
Source:Jun 3, 2026, 10:22 UTC
Worthington Steel completed its acquisition of Kloeckner & Co.
Jun 2, 2026, 00:00 UTC
Worthington Steel, Inc. entered into a $700 million Senior Secured Seven-Year Term Loan B Credit Facility, with proceeds to fund the Klöckner Acquisition, pay transaction costs and related hedging, and for general working capital.
Jun 2, 2026, 00:00 UTC
Worthington Steel, Inc. issued $700 million of 7.750% Senior Secured Notes due 2033, with proceeds to fund the Klöckner Acquisition, repay existing debt, pay transaction fees, and for general working capital.