Construction Partners upsizes revolver $75M, converts $125M revolver debt to term loan, insider share exchange

Construction Partners, Inc.

Increased revolving credit facility from $325M to $400M; added $125M incremental term loan from revolver reallocation.
Term loan outstanding ~$401.3M; revolver outstanding ~$98.1M after amendment.
New lenders: South State Bank, First-Citizens Bank & Trust, Comerica Bank joined as lenders.
Executed exchanges: insiders swapped 250,000 Class A for Class B shares (and vice versa); no net share count change.
Amended credit agreement updates covenants; incremental facility option remains available.

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