Arcosa Inc. has recently amended its financial agreement through Amendment No. 2 to its existing credit agreement, initially established on August 23, 2023. As of June 17, 2025, this amendment introduces a new class of term loans totaling $698.25 million, known as the 2025 Refinancing Term Loan. The proceeds from this loan, alongside existing cash reserves, have been utilized to fully prepay the outstanding term loan under the original credit agreement. The new term loan offers a variable interest rate based on the Secured Overnight Financing Rate $(SOFR)$ plus 2.00% per annum, or an alternate base rate plus 1.00% per annum, reflecting a 0.25% per annum reduction from the original loan rates. Arcosa has the flexibility to prepay this loan at any time without penalty, barring customary SOFR-related costs, unless a repricing transaction occurs within six months, which would incur a 1.0% premium.
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