Everus Construction Group amends credit agreement, raising term loans to $477.5 million
Everus Construction Group entered a First Amendment to its credit agreement on September 1, 2026, refinancing its existing term loans and revolving commitments and increasing both. The company says proceeds will partly fund its previously announced acquisition of Epsilon Industries, and pricing on borrowings is lower than under the original agreement.
Key points
- Term loans increased by $200.0 million to a total of $477.5 million
- Revolving credit commitments increased by $125.0 million to a total of $350.0 million
- Term SOFR margin cut to 1.75%-2.50% from 2.00%-2.75%, based on net leverage
- Proceeds partly fund the previously announced Epsilon Industries acquisition
The filing
Written by AI on Nov 8, 2026, 1:01 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 September 08, 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.