Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
STERLING INFRASTRUCTURE, INC. incurred term loan of $350,000,000 with BMO Bank N.A. maturing April 2, 2026.
- Instrument
- term loan
- Principal
- $350,000,000
- Counterparty
- BMO Bank N.A.
- Maturity
- April 2, 2026
- Event
- incurrence
Exact text from the filing
provide for the extension of new senior secured first lien term loans by the Lenders to the Borrower in the aggregate principal amount of $350,000,000 (the "Term Loans"), which shall be used to, among other things, refinance and prepay in full the $347,437,500 aggregate principal amount of term loans outstanding prior to the Amendment
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
STERLING INFRASTRUCTURE, INC. amended Fifth Amendment to Credit Agreement with financial institutions party thereto as lenders and BMO Bank N.A., as administrative agent valued at $350,000,000 (effective 2023-12-27).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- financial institutions party thereto as lenders and BMO Bank N.A., as administrative agent
- Value
- $350,000,000
- Effective
- 2023-12-27
Exact text from the filing
On December 27, 2023, Sterling Infrastructure, Inc. (the “Company”), as borrower, and certain of its subsidiaries, as guarantors (the “Subsidiary Guarantors”), entered into a Fifth Amendment to Credit Agreement (the “Amendment”), dated as of December 27, 2023, with the financial institutions party thereto as lenders (the “Lenders”) and BMO Bank N.A., as administrative agent for the Lenders (the “Agent”), which amends that certain Credit Agreement, dated as of October 2, 2019
View on SEC.gov