HOUSTON , Jan. 6, 2014 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) announced today that it has closed the previously announced acquisition of Stream AS. Headquartered in Norway , Stream is the leading pipe, valve and fittings (PVF) distributor and provider of flow control products, solutions and
International segment revenues expected to increase by 60% to exceed $900 million in 2014 HOUSTON , Dec. 9, 2013 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) announced today that it has entered into an agreement to acquire privately held Stream AS for approximately $260 million (Norwegian Kroner
HOUSTON , Nov. 21, 2013 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) announced today that BP Products North America, Inc. has awarded MRC Global a contract for maintenance, repair and operating (MRO) goods and services and the supply of carbon and stainless steel pipe, valves and fittings (PVF) and
HOUSTON , Nov. 19, 2013 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) reported today that it has completed a repricing of its senior secured Term Loan B while increasing the facility by $150 million . The current applicable annual interest rate was reduced by 100 basis points to LIBOR + 400 basis
Directors Christopher Crampton and Jack Daly resign from Board Rhys Best named lead independent director HOUSTON , Nov. 13, 2013 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) announced today that certain investment funds affiliated with Goldman Sachs & Co.
HOUSTON , Nov. 7, 2013 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) announced today that its subsidiary, McJunkin Red Man Corporation , has been awarded a five year global framework agreement with BP International Ltd. to supply pipes, fittings and flanges (PFF) for BP's Global Projects Organization
HOUSTON , Nov. 7, 2013 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) announced today that investment funds managed by the Merchant Banking Division of The Goldman Sachs Group, Inc. (Goldman Sachs MBD) have agreed to sell 17,489,233 shares of the company's common stock in a registered underwritten
HOUSTON , Nov. 6, 2013 /PRNewswire/ -- MRC Global Inc. (NYSE:MRC) announced today a registered underwritten public offering of 17,489,233 shares of the company's common stock held by investment funds managed by the Merchant Banking Division of The Goldman Sachs Group, Inc. (Goldman Sachs MBD).
Sales of $1.31 billion Diluted EPS of $0.38 per share Adjusted diluted EPS of $0.40 per share Adjusted EBITDA of $96.4 million HOUSTON , Oct. 31, 2013 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC), the largest global distributor, based on sales, of pipe, valves and fittings (PVF) and related products
HOUSTON , and THE WOODLANDS, Texas , Oct. 30, 2013 /PRNewswire/ -- MRC Global Inc. (NYSE: MRC) announced today that Chevron Phillips Chemical Company LP (Chevron Phillips Chemical) has awarded McJunkin Red Man Corporation , a subsidiary of MRC Global , a framework agreement for the supply of