Dycom Industries Amends Credit Agreement, Sets Up $800 Million Term Loan B Facility
Dycom Industries entered into a First Amendment to its Third Amended and Restated Credit Agreement with Bank of America, N.A., as administrative agent, establishing an $800.0 million senior secured Term Loan B Facility. Proceeds were used to refinance a $600.0 million 364-day senior secured bridge loan, pay related fees and expenses, and fund cash to the company's balance sheet, which adds new debt obligations for shareholders to track.
Key points
- Term Loan B Facility totals $800.0 million, senior secured, under an amendment dated January 27, 2026
- Proceeds refinanced a $600.0 million 364-day senior secured bridge loan and added cash to the balance sheet
- Term SOFR loans carry a 1.75% margin and base rate loans a 0.75% margin, subject to a 0.0% floor
- Principal amortizes 0.25% per quarter starting September 15, 2026
The filing
Written by AI on Nov 8, 2026, 12:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 27, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.