Everus Construction amends JPMorgan-led credit agreement, ups term loan to $477.5 million

Reuters2026/09/08 20:09

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Everus Construction Group entered a first amendment on Sept. 1, 2026 to its Oct. 31, 2024 credit agreement with JPMorgan Chase.
Amendment refinanced existing first-lien term loans, increased them by USD 200 million to USD 477.5 million.
Revolving credit commitments were refinanced, expanded by USD 125 million to USD 350 million.
Pricing tightened to Term SOFR + 1.75%-2.5% or base rate + 0.75%-1.5%, tied to consolidated total net leverage.
Term-loan proceeds to refinance prior debt, fund the Epsilon Industries acquisition, cover related fees, support working capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Everus Construction Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0002015845-26-000056), on September 08, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Everus Construction amends JPMorgan-led credit agreement, ups term loan to $477.5 million

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