secwatch.observer — SEC 8-K summary
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Issuer:     MARTIN MARIETTA MATERIALS INC (MLM)
CIK:        0000916076
Form:       8-K
Filed at:   2023-09-20T23:59:59+00:00
Accession:  0000950157-23-000976
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Martin Marietta extends $400M receivables facility to Sept 2024; lenders reshuffled
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- Fifteenth Amendment extends maturity of $400M trade receivables securitization to Sept 19, 2024.
- Interest rate changed to Adjusted Term SOFR plus 0.700%.
- PNC, Gotham Funding and MUFG assigned interests to Truist, Regions and First-Citizens.
- Certain trade receivables classes and originating subsidiaries removed from the facility.
- Facility may be increased up to $500M subject to lender commitments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/916076/000095015723000976/0000950157-23-000976-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/916076/000095015723000976/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0000950157-23-000976

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