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Latest GenCorp Inc. Stories

2014-06-05 08:21:32

Editor Note: For more information about this release, please scroll to bottom. LONDON, June 5, 2014 /PRNewswire/ -- On Wednesday, June 04, 2014, the NASDAQ Composite ended at 4,251.64, up 0.41%, the Dow Jones Industrial Average finished the session at 16,737.53, up 0.09% and the S&P 500 closed at 1,927.88, up 0.19%. During the trading session, seven out of ten sectors finished on a positive note. The S&P 500 Industrials Sector Index ended the day 0.08% lower at 465.72,...

2014-06-02 08:21:15

RANCHO CORDOVA, Calif., June 2, 2014 /PRNewswire/ -- GenCorp Inc. ("GenCorp" or the "Company") (NYSE: GY) today announced that it entered into an amended and restated $300 million credit facility. The new credit facility amends and restates the Company's prior credit agreement and, (i) extends the maturity date to May 30, 2019 (which date may be accelerated in certain cases); and (ii) replaces the existing revolving credit facility and credit-linked facility with a revolving credit...

2014-04-21 08:20:35

SACRAMENTO, Calif., April 21, 2014 /PRNewswire/ -- GenCorp Inc. ("GenCorp" or the "Company") (NYSE: GY) today announced that it entered into a $100 million subordinated delayed draw term loan credit facility. GenCorp intends to use borrowings under the new subordinated credit facility for a variety of purposes which may include refinancing of existing debt, repurchasing common equity, working capital and general corporate purposes. In general, borrowings under the new...

2014-02-27 08:22:13

SACRAMENTO, Calif., Feb. 27, 2014 /PRNewswire/ -- GenCorp Inc. (NYSE: GY) ("GenCorp") announced today that it has adopted a written trading plan for the purpose of repurchasing up to $55 million worth of shares of its common stock in accordance with the guidelines specified under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. A plan under Rule 10b5-1 allows companies to repurchase shares at times when it might otherwise be prevented from doing so by securities laws...


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