General Cable Industries, Inc. completes US$400 million credit facility

On July 21, 2011, General Cable Industries, Inc. (the “US Borrower”) and General Cable Company (the “Canadian Borrower”, and together with the US Borrower, the “Borrowers”), together with their parent General Cable Corporation (NYSE: BGC), entered into a US$400 million asset-based revolving credit facility with a syndicate of lenders led by JPMorgan Chase Bank, N.A. as administrative agent (the “Lenders”). General Cable Corporation is one of the most globally diversified industrial companies and is a leader in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products.

The agent and the lending syndicate were represented in Canada by McMillan LLP, with a team that consisted of Stephanie Robinson, Jeff Rogers, Patrice Beaudin, Ken Bursey and Clifton Jarin (financial services), Sharon Groom (intellectual property) and Mark Rowbotham (pensions and benefits); and in the United States by Skadden, Arps, Slate, Meagher & Flom LLP, with a team that included Seth Jacobson, Gerard C. Martin, Alan Madison, Corina Davis, Christine M. Szafranski and Sarah A. Fisher.