11:05 AM EDT, 05/17/2024 (MT Newswires) -- Dycom Industries ( DY ) said Friday it amended and restated a credit agreement to extend the maturity date to Jan. 15, 2029, from April 1, 2026, and raise its term loan credit facility to $450 million from $350 million.
The company maintained its revolving credit facility at $650 million, according to a filing with the US Securities and Exchange Commission.
Dycom said the revolver under agreement contains a $200 million sublimit for the issuance of letters of credit and a $50 million sublimit for swingline loans.
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