Martin Marietta Materials, Inc. amended its $800,000,000 revolving credit facility and entered into a new $1,500,000,000 three-year senior unsecured term loan facility with JPMorgan Chase Bank, N.A. and other lenders to support its acquisition of Lhoist North America, Inc. The amended revolving facility and the new term facility both include modified financial covenants regarding a maximum Leverage Ratio of 4.75:1.00 for the first three quarters post-acquisition, 4.25:1.00 for the next three quarters, and 0.75:1.00 thereafter. Martin Marietta Materials, Inc. is a construction materials company that provides building and infrastructure-related products and services.
