secwatch.observer — SEC 8-K summary
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Issuer:     MARTIN MARIETTA MATERIALS INC (MLM)
CIK:        0000916076
Form:       8-K
Filed at:   2026-08-18T21:00:23+00:00
Accession:  0000950157-26-000922
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/916076/000095015726000922/0000950157-26-000922-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/916076/000095015726000922/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0000950157-26-000922

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