Eagle Materials Raises $750 Million Through Senior Notes Offering

Reuters
2025.11.13 21:17
portai
I'm PortAI, I can summarize articles.

Eagle Materials Inc. has announced a public offering of $750 million in 5.000% Senior Notes due 2036, underwritten by J.P. Morgan Securities, BofA Securities, and Wells Fargo Securities. The proceeds will be used to repay outstanding borrowings under its revolving credit facility. Affiliates of the underwriters are involved in Eagle Materials' existing credit facilities. This information was originally published via the SEC's EDGAR system.

Eagle Materials Inc. has entered into an underwriting agreement with J.P. Morgan Securities LLC, BofA Securities, Inc., and Wells Fargo Securities, LLC, as representatives of several underwriters, for a public offering of $750 million in aggregate principal amount of 5.000% Senior Notes due 2036. The company intends to use a portion of the net proceeds from the notes to repay all outstanding borrowings under its revolving credit facility. Affiliates of certain underwriters, including JPMorgan Chase Bank, N.A., serve as lenders and administrative agent under Eagle Materials’ existing term loan and revolving credit facilities. 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. Eagle Materials 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: 0001193125-25-280206), on November 13, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here