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Australia's James Hardie gains on securing $3.5 billion credit to fund US deal

ReutersJun 2, 2025 2:30 AM

James Hardie Industries JHX.AX shares up 2.7% at A$36.38

Fibre-cement maker's stock marks its biggest intraday gain since May 13

Co secures $3.5 billion in senior credit facilities to support ops and acquisition of U.S.-listed AZEK AZEK.N

Co says credit facilities secured from 30 banks

Stock down nearly 30% YTD, including the day's move

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