Eagle Materials amends credit agreement, new $300 million term loan due 2030
Eagle Materials entered Amendment No. 2 to its unsecured credit agreement on February 4, 2025, with JPMorgan Chase Bank, N.A. as administrative agent. The new $300 million term loan A refinanced the existing $200 million term loan and partly repaid revolving loans, and the $750 million revolving facility was replaced, with both maturing February 4, 2030. The filing describes the terms as a refinancing and extension of existing borrowing capacity rather than a change in operations.
Key points
- New senior unsecured term loan A of $300 million, fully drawn on February 4, 2025, replacing the $200 million existing term loan
- New revolving facility of up to $750 million, replacing the existing revolver, with a $40 million letter of credit sub-facility and $25 million swingline sub-facility
- Both the new term loan and revolver mature February 4, 2030, versus May 5, 2027 under the existing agreement
- Uncommitted incremental facility of up to $375 million available under the credit agreement
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits 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 February 04, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.