Arcosa, Inc. Files 8-K for Material Definitive Agreement

TL;DR

Arcosa signed a big deal, filing an 8-K on Aug 15th.

AI Summary

On August 15, 2024, Arcosa, Inc. entered into a material definitive agreement, the details of which are not fully disclosed in this filing. The company, incorporated in Delaware, is involved in fabricated structural metal products and is headquartered in Dallas, Texas.

Why It Matters

This filing indicates a significant new contract or partnership for Arcosa, Inc., which could impact its future revenue and operations.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement, but the lack of specific details about the agreement introduces uncertainty.

Key Numbers

• 001-38494 — SEC File Number (Arcosa's SEC filing identifier)
• 82-5339416 — IRS Employer Identification No. (Arcosa's tax identification number)

Key Players & Entities

• Arcosa, Inc. (company) — Registrant
• August 15, 2024 (date) — Date of Earliest Event Reported
• Delaware (jurisdiction) — State of incorporation
• Dallas, Texas (location) — Principal executive offices
• 500 N. Akard Street, Suite 400 (address) — Principal executive offices address

FAQ

Key Financial Figures

• $0.01 — ange on which registered Common Stock ($0.01 par value) ACA New York Stock Exchange
• $1.2 billion — oration and its affiliated entities for $1.2 billion in cash (the "Transaction"), subject to
• $700.0 million — an aggregate principal amount of up to $700.0 million (the "Term Loan"). On August 12, 2024,
• $600.0 million — osa announced the launch and pricing of $600.0 million in aggregate principal amount of its 6.
• $150.0 million — ed net leverage ratio (permitting up to $150.0 million of unrestricted cash to be netted from

Filing Documents

• aca-20240815.htm (8-K) — 33KB
• exh101amendmentno1torcfvf.htm (EX-10.1) — 1706KB
• aca-20240815_g1.jpg (GRAPHIC) — 25KB
• image_01a.jpg (GRAPHIC) — 2KB
• image_1.jpg (GRAPHIC) — 7KB
• image_3.jpg (GRAPHIC) — 0KB
• 0001739445-24-000126.txt ( ) — 2233KB
• aca-20240815.xsd (EX-101.SCH) — 2KB
• aca-20240815_def.xml (EX-101.DEF) — 14KB
• aca-20240815_lab.xml (EX-101.LAB) — 25KB
• aca-20240815_pre.xml (EX-101.PRE) — 15KB
• aca-20240815_htm.xml (XML) — 3KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. As previously disclosed, on August 1, 2024, Arcosa, Inc. ("Arcosa") announced its agreement to acquire the construction materials business of Stavola Holding Corporation and its affiliated entities for $1.2 billion in cash (the "Transaction"), subject to customary purchase price adjustments. On August 6, 2024, Arcosa announced the launch of a proposed senior secured Term Loan B Facility due 2031 in an aggregate principal amount of up to $700.0 million (the "Term Loan"). On August 12, 2024, Arcosa announced the launch and pricing of $600.0 million in aggregate principal amount of its 6.875% senior unsecured notes due 2032 (the "Notes"). On August 15, 2024, Arcosa entered into Amendment No. 1 (the "Credit Facility Amendment") to Arcosa's existing Second Amended and Restated Credit Agreement dated as of August 23, 2023 (the "Existing Credit Agreement" and the Existing Credit Agreement as amended by the Credit Facility Amendment, the "Credit Agreement"), with the lenders party thereto and JPMorgan Chase Bank, N.A, as administrative agent. The Credit Facility Amendment amends the Existing Credit Agreement to, among other things, (a) permit the consummation of the Transaction, (b) permit the Notes and (c) subject to satisfaction or waiver of certain conditions precedent, including the concurrent closing of the Transaction (the "Amendment Conditions"): (1) provide for the Term Loan as part of the Credit Agreement; (2) increase the revolving commitments under the Credit Agreement from $600.0 million to $700.0 million (the existing revolving facility under the Credit Agreement as so increased, the "Revolving Credit Facility"); and (3) add substantially all of Arcosa's and its subsidiary guarantors' personal property (subject to certain exceptions) as collateral to secure the obligations under the Credit Agreement (together with cash management, hedging and other customary obligations owed to lenders and their affiliate

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Amendment No. 1 to Second Amended and Restated Credit Agreement, dated as of August 15, 2024, among Arcosa, Inc., as borrower, the lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Arcosa, Inc. (Registrant) August 19, 2024 By: /s/ Gail M. Peck Name: Gail M. Peck Title: Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR