Martin Marietta secures $1.5B term loan, amends revolver to finance Lhoist acquisition

Filed July 15, 2026 · Period ending July 10, 2026 · ~1 min read

Key Changes

• high

  Entered $1.5B three-year term loan facility to fund Lhoist North America acquisition and related expenses; no amortization, matures three years after funding, contingent on deal closing.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• high

  Amended $800M revolving credit facility to relax leverage covenant post-acquisition: max 4.75:1.00 for first three quarters, stepping down to 4.25:1.00, then 3.75:1.00 thereafter.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  Term loan includes matching leverage covenant with four-quarter exclusion for acquisition debt if ratio without exclusion stays ≤4.25:1.00; provides integration flexibility.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →