Martin Marietta extends $500m receivables securitization to Sept 2027
Martin Marietta entered an Eighteenth Amendment to extend its $500 million trade receivables securitization facility to September 15, 2027. The facility may be increased to $700 million subject to lender commitments, and it bears SOFR + 0.70%.
Martin Marietta entered into the Eighteenth Amendment to its Credit and Security Agreement, extending the maturity of its $500 million trade receivables securitization facility to September 15, 2027. The facility can be increased to up to $700 million subject to lender commitments.