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.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。