Martin Marietta extends $500 million receivables facility maturity to September 2027
Martin Marietta and its subsidiary Martin Marietta Funding LLC signed an amendment on September 15, 2026, extending the maturity of their $500 million trade receivables securitization facility to September 15, 2027. The facility can be increased to up to $700 million if lenders provide the required commitments, and borrowings now bear interest at Adjusted Term SOFR plus 0.700%.
Key points
- Maturity extended to September 15, 2027 under the Eighteenth Amendment with Truist Bank as administrative agent
- Facility size is $500 million, with a possible increase to up to $700 million subject to conditions
- Borrowings bear interest at Adjusted Term SOFR plus 0.700%, subject to change if SOFR benchmarks cannot be determined or no longer reflect lenders' cost of lending
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 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 September 16, 2026.
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.