On September 8, 2026, MYR Group Inc. entered into a five-year Fourth Amended And Restated Credit Agreement with a syndicate of banks led by JPMorgan Chase Bank, N.A., Bank of America, N.A., and Wells Fargo Bank, National Association. The agreement establishes a $690 million revolving credit facility and a term loan facility comprising a $150 million U.S. dollar tranche and a C$70 million Canadian dollar tranche. Borrowings are intended to refinance existing indebtedness and fund working capital, capital expenditures, acquisitions, and general corporate purposes. The facility includes an expansion option allowing for up to an additional $445 million in commitments. Financial covenants require a maximum Net Leverage Ratio of 3.0 and a minimum interest coverage ratio of 3.0. MYR Group Inc. operates in the infrastructure services industry, providing construction and maintenance solutions for transportation and utility networks.

MYR Group Inc. reported record second-quarter 2026 financial results, with revenues increasing 20% year-over-year to $1.08 billion and net income doubling to $49.9 million, or $3.17 per diluted share. EBITDA rose to a record $85.0 million, while backlog grew 19.6% to $3.16 billion. The company also reported first-half revenues of $2.08 billion and net income of $96.7 million. Gross margin expanded to 13.2% from 11.5%, driven by better-than-anticipated productivity and favorable job closeouts, despite higher SG&A expenses. MYR Group Inc. operates as a holding company for specialty electrical contractors serving the electric utility infrastructure and commercial construction markets.