{"schema_version":"secwatch.filing_event.v1","accession":"0000874238-26-000093","form_type":"8-K","ticker":"STRL","cik":"0000874238","company_name":"STERLING INFRASTRUCTURE, INC.","filed_at":"2026-07-08T13:07:06+00:00","discovered_at":"2026-07-08T13:09:00.319235+00:00","generated_at":"2026-07-08T13:09:06.715883+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Sterling expands credit facility to $1.5B, extends maturity to July 2031","bullets":["Borrowing capacity increased by $1.05B to $1.5B revolving credit facility; maturity extended to July 2031.","Interest rate improved by eliminating 10bp SOFR adjustment and reducing pricing margins based on Total Net Leverage Ratio.","Incremental facility base amount increased from $400M to $500M; financial covenants: Total Net Leverage ≤3.50x, Interest Coverage ≥3.00x.","As of July 2, 2026, $90M was outstanding; proceeds to refinance existing debt, fund capex, acquisitions, and general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0000874238-26-000093","json":"https://secwatch.observer/filing/0000874238-26-000093.json","markdown":"https://secwatch.observer/filing/0000874238-26-000093.md","text":"https://secwatch.observer/filing/0000874238-26-000093.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/874238/000087423826000093/0000874238-26-000093-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/874238/000087423826000093/strl-20260702.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-08T13:09:06.715883+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}