CMC 8-K Summary: Credit Agreement Update
Commercial Metals Co (CMC) filed an 8-K detailing the Second Amendment to its Sixth Amended and Restated Credit Agreement, effective October 31, 2025.
- The amendment formally permits loans under the previously announced $1.85B Bridge Facility.
- Critical Action: The Company eliminated the related $600.0 million Backstop Facility that was part of the original commitment.
- The amendment also modifies covenants, specifying that certain monetary judgments will not constitute an Event of Default.
- The main Revolving Cre