debt
confidence high
sentiment neutral
materiality 0.30
Martin Marietta extends $800M revolver maturity to Dec 2028
MARTIN MARIETTA MATERIALS INC
- Maturity of $800M senior unsecured revolving credit facility extended from Dec 21, 2027 to Dec 21, 2028.
- Amendment signed with JPMorgan, Deutsche Bank, PNC, Truist, Wells Fargo and other lenders.
- MUFG Bank assigns its commitments to First-Citizens Bank & Trust as part of the extension.
- Consent fees of 0.02% of commitment paid to each extending lender; no other financial changes.