secwatch.observer — SEC 8-K summary
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Issuer:     Arcosa, Inc. (ACA)
CIK:        0001739445
Form:       8-K
Filed at:   2023-08-25T23:59:59+00:00
Accession:  0001739445-23-000137
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arcosa increases revolver to $600M, extends maturity to 2028, repays $133M term loan
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- Second Amended & Restated Credit Agreement ups revolving line from $500M to $600M, maturing August 23, 2028.
- Remaining $133.1M term loan balance refinanced and repaid in full.
- As of August 23, ~$100M revolver drawn and ~$22M in letters of credit, leaving ~$478M undrawn.
- Interest on SOFR borrowings set at SOFR + 10 bps credit spread adjustment + margin of 1.50% (based on leverage).
- Certain material domestic subsidiaries guaranteed the obligations under the new credit agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1739445/000173944523000137/0001739445-23-000137-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1739445/000173944523000137/aca-20230823.htm
  HTML page:      https://secwatch.observer/filing/0001739445-23-000137

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