secwatch.observer — SEC 8-K summary
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Issuer:     DYCOM INDUSTRIES INC (DY)
CIK:        0000067215
Form:       8-K
Filed at:   2024-05-17T23:59:59+00:00
Accession:  0000947871-24-000490
Event type: debt
Sentiment:  positive
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dycom amends credit facility: maturity extended to 2029, term loan increased to $450M
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- Maturity extended from April 1, 2026 to January 15, 2029.
- Term loan facility increased from $350M to $450M; revolving facility remains $650M.
- At closing, no revolving borrowings outstanding; term loan fully drawn.
- Financial covenant: consolidated net leverage ratio capped at 3.50x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/67215/000094787124000490/0000947871-24-000490-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/67215/000094787124000490/ss3393516_8k.htm
  HTML page:      https://secwatch.observer/filing/0000947871-24-000490

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