Martin Marietta enters $1.5B term loan to fund Lhoist North America acquisition

MARTIN MARIETTA MATERIALS INC

$1.5B three-year senior unsecured term loan facility entered on July 15, 2026.
Proceeds to pay cash consideration for previously announced Lhoist North America acquisition.
Revolving credit facility amended to allow higher leverage ratio (max 4.75x for first three quarters post-close).
Term loan matures three years after funding, no amortization; interest based on SOFR/Base Rate plus margin.
Leverage ratio covenant steps down from 4.75x to 4.25x to 3.75x over time.

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