A. M. Castle &Co. announced that it has closed an expansion of its existing credit facility to increase its borrowing capacity by $25 million. Specifically, Castle reached an agreement with its first lien lender, PNC Bank, National Association ('PNC'), to provide the additional borrowing capacity under its existing first lien credit facility (the 'Credit Facility'). The expanded Credit Facility provides for an additional $25 million last out Revolving B borrowing capacity made available in part by way of a participation in the Credit Facility by certain of the company's stockholders. In connection with the Credit Agreement amendment, the company entered into a Supplemental Indenture and Amendment No. 1 (the 'Supplemental Indenture') to the Indenture securing its 5%/7% Second Lien Notes The Supplemental Indenture, among other things, increases the cap on indebtedness under the expanded Credit Facility to $175 million (plus up to an additional $15 million), as set forth in the Supplemental Indenture.