debt
confidence high
sentiment neutral
materiality 0.55
Cardinal Infrastructure subsidiary amends credit agreement: $250M term loan, revolver to $100M
Cardinal Infrastructure Group Inc.
- Second Amendment dated Sept 10, 2026 adds delayed draw term loan facility up to $250M.
- Revolving commitments increased from $75M to $100M under amended Truist Bank credit agreement.
- Borrower: Cardinal Civil Contracting LLC; parent Cardinal Infrastructure not a direct party.
- Amendment also modifies certain other provisions of the existing October 2025 credit agreement.