Martin Marietta extends $800 million revolver by one year to 2027

By Marisa Wong

Los Angeles, Dec. 22 – Martin Marietta Materials, Inc. amended its $800 million five-year senior unsecured revolving credit facility dated Dec. 21, 2021 with JPMorgan Chase Bank, NA as administrative agent to extend the maturity date to Dec. 21, 2027, according to an 8-K filing with the Securities and Exchange Commission.

The company also amended the revolver to replace Libor with SOFR as the interest rate benchmark.

The amendment was completed on Thursday.

The producer of construction aggregates is based in Raleigh, N.C.

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