{"schema_version":"secwatch.filing_event.v1","accession":"0000874238-23-000127","form_type":"8-K","ticker":"STRL","cik":"0000874238","company_name":"STERLING INFRASTRUCTURE, INC.","filed_at":"2023-12-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.204320+00:00","generated_at":"2026-06-07T06:40:40.510650+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Sterling Infrastructure extends credit facility maturity to April 2026 with $350M term loan refinancing","bullets":["Fifth Amendment to Credit Agreement executed Dec 27, 2023; extends maturity 18 months to April 2, 2026.","New $350M senior secured term loan refinances $347.4M in existing term loans; $75M revolver undrawn.","Size, economics and covenants of $425M facility substantially unchanged from prior agreement.","Cash and cash equivalents $409.4M as of Sept 30, 2023; revolver and term loan provide liquidity."],"urls":{"canonical":"https://secwatch.observer/filing/0000874238-23-000127","json":"https://secwatch.observer/filing/0000874238-23-000127.json","markdown":"https://secwatch.observer/filing/0000874238-23-000127.md","text":"https://secwatch.observer/filing/0000874238-23-000127.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/874238/000087423823000127/0000874238-23-000127-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/874238/000087423823000127/strl-20231227.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T06:40:40.510650+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b78ba83f68bd9152d8fe1eaca387b84ea2103ae4","claim":"STERLING INFRASTRUCTURE, INC. incurred term loan of $350,000,000 with BMO Bank N.A. maturing April 2, 2026.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/874238/000087423823000127/0000874238-23-000127-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$350,000,000"},{"label":"Counterparty","value":"BMO Bank N.A."},{"label":"Maturity","value":"April 2, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"9905c1e623b25187f0af49528da7122f21e2de28","claim":"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).","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/874238/000087423823000127/0000874238-23-000127-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"financial institutions party thereto as lenders and BMO Bank N.A., as administrative agent"},{"label":"Value","value":"$350,000,000"},{"label":"Effective","value":"2023-12-27"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}