debt
confidence high
sentiment neutral
materiality 0.60
Vulcan Materials issues $2B in senior notes across three tranches due 2029, 2034, 2054
Vulcan Materials CO
- Issued $500M 4.950% Senior Notes due 2029, $750M 5.350% Senior Notes due 2034, and $750M 5.700% Senior Notes due 2054.
- Underwriting agreement led by Truist Securities, Wells Fargo, BofA, Goldman Sachs, U.S. Bancorp.
- Notes issued under Eleventh Supplemental Indenture with Regions Bank as trustee dated Nov 20, 2024.
- Total aggregate principal $2B; use of proceeds not stated in filing.