Financing ·
On August 14, 2026, Martin Marietta Materials, Inc. issued $5.5 billion in aggregate principal amount of senior…
MLMMartin Marietta Materials Inc
On August 14, 2026, Martin Marietta Materials, Inc. issued $5.5 billion in aggregate principal amount of senior unsecured notes to fund the cash consideration for its previously announced acquisition of Lhoist North America, Inc., alongside borrowings under a $1.5 billion term loan facility. The issuance includes $750 million of 4.850% Notes due 2029, $1.25 billion of 5.200% Notes due 2032, $1.0 billion of 5.400% Notes due 2034, $1.5 billion of 5.625% Notes due 2036, and $1.0 billion of 6.375% Notes due 2056. Interest is payable semiannually, with closing expected in the third quarter of 2026. The company operates in the construction materials industry, producing aggregates, asphalt, concrete, and ready-mix products.