---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-154409"
form_type: "8-K"
ticker: "ROAD"
cik: "0001718227"
company_name: "Construction Partners, Inc."
filed_at: "2025-07-02T23:59:59+00:00"
generated_at: "2026-05-18T09:39:22.917290+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Construction Partners upsizes revolver to $500M, term loan to $600M, extends maturity to 2030

## Summary
- Revolving credit facility increased from $400M to $500M; term loan A increased from $400M to $600M.
- Maturity extended to June 28, 2030; outstanding revolver balance paid off as of June 30, 2025.
- New lenders TD Bank and City National Bank added; new subsidiaries joined as borrowers.
- Replaced fixed charge coverage ratio with interest coverage ratio of 3.00x; net leverage covenant steps down to 3.75x.
- Incremental facility up to $400M (or EBITDA) available; SOFR margin no longer subject to 0.10% adjustment.

## SEC filing metadata
- accession: 0001193125-25-154409
- form_type: 8-K
- ticker: ROAD
- cik: 0001718227
- company_name: Construction Partners, Inc.
- filed_at: 2025-07-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1718227/000119312525154409/0001193125-25-154409-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1718227/000119312525154409/d22666d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-154409
- JSON: https://secwatch.observer/filing/0001193125-25-154409.json
- Plain text: https://secwatch.observer/filing/0001193125-25-154409.txt

## Key facts
- Debt Financings
  Construction Partners, Inc. amended credit facility of $400.0 million to $600.0 million with PNC Bank, National Association at base rate, Term SOFR or Daily Simple SOFR, plus an applicable margin percentage maturing June 28, 2030.
  - Instrument: credit facility
  - Principal: $400.0 million to $600.0 million
  - Counterparty: PNC Bank, National Association
  - Rate: base rate, Term SOFR or Daily Simple SOFR, plus an applicable margin percentage
  - Maturity: June 28, 2030
  - Event: amendment
  source text: Loan A / Revolver Credit Agreement”) to, among other things, (i) increase the existing revolving credit facility under the Existing Term Loan A / Revolver Credit Agreement from $400.0 million to $500.0 million (the “Increased Revolving Credit Facility”), (ii) increase the existing term loan facility under the Existing Term Loan A / Revolver Credit Agreement from
  evidence_url: https://www.sec.gov/Archives/edgar/data/1718227/000119312525154409/0001193125-25-154409-index.htm

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