Vulcan Steel Limited logo

Vulcan increases funding line

Debt Issuance31 March 2022VSLMaterials

Vulcan Steel Limited
29 Neales Road East Tamaki Auckland New Zealand

e: investor@vulcan.co | w: vulcan.co

Vulcan Steel Limited (“Vulcan”)

ASX/NZX/Media Release

1 April 2022

Vulcan increases funding line

Vulcan (ASX: VSL, NZX: VSL) advises that the company has increased its credit facility

limit to NZ$250 million committed (previously NZ$200 million) to provide an additional

funding buffer for future working capital and growth.

Vulcan has retained the flexibility to access further funding as required on an

uncommitted basis.


ENDS

Kar Yue Yeo

Investor and media contact

Email: karyue.yeo@vulcan.co

Phone: +64 9 273 7214

This announcement was authorised by Vulcan’s Board of Directors.

About Vulcan

Founded in 1995, Vulcan is an Australasian-wide industrial product distributor and

value-added processor with 29 logistics and processing facilities employing over 800

staff across the company’s Steel and Metals divisions.

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