Martin Marietta signs USD 1.5 billion five-year revolving credit facility with JPMorgan Chase Bank
MLM•New revolving credit facility
Martin Marietta entered a new Credit Agreement on Aug. 18, 2026 for a USD 1.5 billion five-year senior unsecured revolving facility.
JPMorgan Chase Bank serves as administrative agent for the Revolving Facility, which replaces the company’s December 2021 revolving credit agreement.
Maturity is set for Aug. 18, 2031, with any outstanding principal and accrued interest due in full on that date.
Borrowings accrue interest at Term SOFR or a base rate, with a ratings-based margin.
The Leverage Ratio covenant is capped at 3.75x, with temporary step-ups tied to the planned Lhoist North America acquisition.
