---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-149169"
form_type: "8-K"
ticker: "ROAD"
cik: "0001718227"
company_name: "Construction Partners, Inc."
filed_at: "2024-05-29T23:59:59+00:00"
generated_at: "2026-06-01T07:42:44.228446+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-24-149169
- form_type: 8-K
- ticker: ROAD
- cik: 0001718227
- company_name: Construction Partners, Inc.
- filed_at: 2024-05-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1718227/000119312524149169/0001193125-24-149169-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1718227/000119312524149169/d836320d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-149169
- JSON: https://secwatch.observer/filing/0001193125-24-149169.json
- Plain text: https://secwatch.observer/filing/0001193125-24-149169.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.