secwatch.observer — SEC 8-K summary
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Issuer:     Arcosa, Inc. (ACA)
CIK:        0001739445
Form:       8-K
Filed at:   2024-08-19T23:59:59+00:00
Accession:  0001739445-24-000126
Event type: debt
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arcosa enters credit amendment for $1.2B Stavola acquisition; $700M Term Loan B, $600M notes at 6.875%
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- Amendment permits $1.2B cash acquisition of Stavola Holding Corporation's construction materials business.
- Term Loan B facility up to $700M at SOFR+2.25%, maturing 2031, with 0.25% quarterly amortization.
- $600M senior unsecured notes priced at 6.875% due 2032; proceeds used for acquisition and fees.
- Revolving commitments increased from $600M to $700M; leverage ratio covenant modified to 5.00x near closing.
- Amendment adds substantially all personal property as collateral; effective upon acquisition closing conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1739445/000173944524000126/0001739445-24-000126-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1739445/000173944524000126/aca-20240815.htm
  HTML page:      https://secwatch.observer/filing/0001739445-24-000126

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