HARRISBURG, Pa., August 14, 2003 (PRIMEZONE) -- Worldwide industrial services and products company Harsco Corporation (NYSE:HSC) announced today that it has successfully renewed its $131 million, 364-day credit facility through a syndicate of banks led by JPMorgan Chase. Harsco Senior Vice President, Chief Financial Officer and Treasurer Salvatore D. Fazzolari said the renewal reaffirms the continued confidence of the lending community in Harsco's financial strength and long-term outlook. The 364-day facility is part of a combined $350 million credit facility that serves as backup to Harsco's commercial paper program, rated A-2 by Standard & Poor's, P-2 by Moody's and F2 by Fitch Ratings.
Harsco Corporation is a diversified, $2 billion company whose market-leading businesses provide mill services, access services, gas and fluid control products, and other infrastructure products and services to customers worldwide. The Company employs approximately 17,500 people in more than 40 countries of operation. Additional information about Harsco can be found at www.harsco.com.
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