debt
confidence high
sentiment neutral
materiality 0.30
Martin Marietta extends $800M revolver maturity to Dec 2029
MARTIN MARIETTA MATERIALS INC
- Extended maturity of $800M senior unsecured revolving credit facility from Dec 2028 to Dec 2029.
- Amended credit agreement with JPMorgan Chase as administrative agent and multiple lenders.
- Extending lenders receive a consent fee of 0.02% of their commitment.
- No changes to financial covenants or other key terms disclosed.