Tutor Perini launches $400M notes offering to refinance 11.875% debt, doubles credit line

Filed June 22, 2026 · Period ending June 22, 2026 · ~1 min read

Key Changes

• high

  Company offering $400M senior notes due 2033 to refinance existing 11.875% notes due 2029, extending maturity and likely reducing interest costs

  Item 7.01 — Regulation FD Disclosure verify on EDGAR →
• high

  Revolving credit facility expanding from $170M to $350M with five-year maturity extension, more than doubling available liquidity

  Item 7.01 — Regulation FD Disclosure verify on EDGAR →
• medium

  New notes will be senior unsecured obligations guaranteed by wholly owned domestic subsidiaries that guarantee the revolving credit facility

  Exhibit 99.1 view on EDGAR →