Eagle Materials Inc. Enter into Amendment No. 5 to Third Amended and Restated Credit Agreement
January 13, 2021 at 05:01 pm EST
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Eagle Materials Inc. entered into Amendment No. 5 to Third Amended and Restated Credit Agreement with the lenders identified therein and JPMorgan Chase Bank, N.A., as the administrative agent, issuing bank and swingline lender thereunder (“ Amendment No. 5”), which amended that certain Third Amended and Restated Credit Agreement, dated as of October 30, 2014, by and among the same parties (as amended by that certain Amendment No. 1 to Third Amended and Restated Credit Agreement, dated as of August 10, 2015, that certain Amendment No. 2 to Third Amended and Restated Credit Agreement, dated as of July 28, 2016, that certain Amendment No. 3 to Third Amended and Restated Credit Agreement, dated as of December 20, 2019, that certain Amendment No. 4 to Third Amended and Restated Credit Agreement, dated as of April 9, 2020, and as supplemented by that certain Increasing Lender Supplement, dated as of May 24, 2019, the “ Existing Revolving Credit Agreement” and, as further amended by Amendment No. 5, the “ Amended Revolving Credit Agreement”). Amendment No. 5 amends the Existing Revolving Credit Agreement to, among other things, extend the maturity date with respect to certain of the lender commitments thereunder from August 2, 2021 to August 2, 2022. As a result of Amendment No. 5, all lender commitments under the Amended Revolving Credit Agreement (totaling $750 million) mature on August 2, 2022.
Eagle Materials Inc. is a manufacturer of heavy construction materials and light building materials in the United States. The Company manufactures and distributes Portland Cement, Gypsum Wallboard, Recycled Gypsum Paperboard, and Concrete and Aggregates from more than 70 facilities across the United States. Its business is organized into two sectors: Heavy Materials, which includes the Cement and Concrete and Aggregates segments; and Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments. Its primary products are commodities that are essential in commercial and residential construction; public construction projects; and projects to build, expand, and repair roads and highways. It operates approximately eight modern cement plants, one slag grinding facility and 30 cement distribution terminals. It operates over 30 ready-mix concrete batch plants, five aggregate processing plants, five gypsum wallboard plants and a recycled paperboard mill.
EAGLE MATERIALS INC. 
