debt
confidence high
sentiment positive
materiality 0.50
Arcosa refinances $698.25M term loan at lower interest rate
Arcosa, Inc.
- Entered into Amendment No. 2 to credit agreement on June 17, 2025, establishing $698.25M 2025 Refinancing Term Loan.
- New term loan bears interest at SOFR+2.00% (or ABR+1.00%), 0.25% lower than original term loan rate.
- Proceeds used to prepay existing term loan in full; prepayment premium of 1.0% if repriced within 6 months.
- All other terms remain unchanged; JPMorgan Chase acted as additional term lender for $101M of the facility.
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