---
schema_version: "secwatch.filing_event.v1"
accession: "0000102729-21-000046"
form_type: "8-K"
ticker: "VMI"
cik: "0000102729"
company_name: "VALMONT INDUSTRIES INC"
filed_at: "2021-10-19T23:59:59+00:00"
generated_at: "2026-06-28T19:51:04.118513+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Valmont Industries amends credit facility to $800M, extends maturity to Oct 2026

## Summary
- Commitments increased from $600M to $800M; accordion expanded from $200M to $300M.
- Maturity extended from Oct 2022 to Oct 2026; benchmark rate switched from LIBOR to SOFR.
- Added sustainability pricing adjustments: interest rates can adjust ±2.5 bps per KPI (carbon intensity & electricity usage).
- Interest Coverage Ratio removed; Leverage ratio modified to deduct cash over $50M (up to $500M) from Total Indebtedness.
- EBITDA definition expanded to add back non-cash stock-based compensation.

## SEC filing metadata
- accession: 0000102729-21-000046
- form_type: 8-K
- ticker: VMI
- cik: 0000102729
- company_name: VALMONT INDUSTRIES INC
- filed_at: 2021-10-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/102729/000010272921000046/0000102729-21-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/102729/000010272921000046/vmi-20211018.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000102729-21-000046
- JSON: https://secwatch.observer/filing/0000102729-21-000046.json
- Plain text: https://secwatch.observer/filing/0000102729-21-000046.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.