Dycom Industries Signs Multiple Material Agreements

Dycom Industries completed the acquisition of Power Solutions and updated its financing to support the transaction. The company closed the Unit Purchase Agreement with Project Eastern Shore for approximately $1.6 billion in cash plus 1,011,069 shares, with customary post-closing adjustments. Concurrently, Dycom entered into an Amended and Restated Credit Agreement featuring a $600 million 364-day bridge loan, an $800 million revolving credit facility, and a $1.54 billion term loan A, extending key maturities to December 23, 2030. The financing was drawn to fund the acquisition and refinance prior borrowings.Agreement 1: Dycom Industries Signs Unit Purchase Agreement With Project Eastern ShoreAgreement type: Unit Purchase Agreement for acquisition of Power SolutionsCounterparty: Project Eastern ShoreSigned / Effective: Nov 18 2025 / Dec 23 2025Reason: Expand scale and capabilities through acquisitionAgreement 2: Dycom Industries Signs Amended and Restated Credit Agreement With Bank of AmericaAgreement type: Amended and Restated Credit Agreement with bridge, revolver, and term loan ACounterparty: Bank of America, as Administrative Agent, and other lendersSigned / Effective: Dec 23 2025 / Dec 23 2025Duration / Termination: Bridge: 364 days; Revolver/Term Loan A mature Dec 23 2030Reason: Finance acquisition and extend maturitiesOriginal SEC Filing: DYCOM INDUSTRIES INC [ DY ] - 8-K - Dec. 23, 2025DisclaimerThis is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.