Martin Marietta enters $1.5B five-year revolving credit facility, replacing 2021 agreement

MARTIN MARIETTA MATERIALS INC

New $1.5B senior unsecured revolving facility dated Aug 18, 2026, expires Aug 18, 2031.
Replaces Dec 21, 2021 credit agreement; no borrowings were outstanding under the prior facility.
Leverage ratio covenant max 3.75:1.00; rises to 4.75:1.00 for first 3 quarters after Lhoist North America acquisition closes.
Interest at Term SOFR or base rate plus ratings-based margin; cash up to $500M offsets debt in leverage calculation.
Facility supports previously announced acquisition of Lhoist North America, Inc.

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