AECOM Enters Material Definitive Agreement
Ticker: ACM · Form: 8-K · Filed: Apr 25, 2024 · CIK: 868857
| Field | Detail |
|---|---|
| Company | Aecom (ACM) |
| Form Type | 8-K |
| Filed Date | Apr 25, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01, $1.5 billion, $750 million, $700 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation
TL;DR
AECOM signed a big deal, check the 8-K for details.
AI Summary
On April 19, 2024, AECOM entered into a Material Definitive Agreement related to a financial obligation. The filing details AECOM's principal executive offices located at 13355 Noel Road, Suite 400, Dallas, Texas 75240.
Why It Matters
This filing indicates a significant new agreement for AECOM, which could impact its financial obligations and future operations.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new financial obligations or strategic shifts that carry inherent risks.
Key Players & Entities
- AECOM (company) — Registrant
- 13355 Noel Road, Suite 400, Dallas, Texas 75240 (location) — Principal Executive Offices
FAQ
What is the nature of the Material Definitive Agreement AECOM entered into?
The filing states AECOM entered into a Material Definitive Agreement, but the specific details of the agreement are not provided in this excerpt.
What is AECOM's principal executive office address?
AECOM's principal executive offices are located at 13355 Noel Road, Suite 400, Dallas, Texas 75240.
When was the earliest event reported in this Form 8-K?
The earliest event reported in this Form 8-K was on April 19, 2024.
What is AECOM's state of incorporation?
AECOM is incorporated in Delaware.
What is AECOM's IRS Employer Identification Number?
AECOM's IRS Employer Identification Number is 61-1088522.
Filing Stats: 1,332 words · 5 min read · ~4 pages · Grade level 11.9 · Accepted 2024-04-25 16:05:59
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value ACM New York Stock Exchan
- $1.5 billion — to the Amendment, AECOM obtained a new $1.5 billion revolving credit facility (such revolvi
- $750 million — ity in an aggregate principal amount of $750 million (the " Term Loan A Facility" and togeth
- $700 million — ity in an aggregate principal amount of $700 million(the " Term Loan B Facility " and togeth
Filing Documents
- tm2412424d1_8k.htm (8-K) — 33KB
- tm2412424d1_ex10-1.htm (EX-10.1) — 1796KB
- 0001104659-24-051959.txt ( ) — 2370KB
- acm-20240419.xsd (EX-101.SCH) — 3KB
- acm-20240419_lab.xml (EX-101.LAB) — 33KB
- acm-20240419_pre.xml (EX-101.PRE) — 22KB
- tm2412424d1_8k_htm.xml (XML) — 3KB
01
Item 1.01 Entry into a Material Definitive Agreement. On April 19, 2024 (the " Amendment Effective Date "), AECOM entered into that certain Amendment No. 14 to Syndicated Facility Agreement (the " Amendment "), by and among AECOM, the other borrowers and guarantors party thereto, the lenders party thereto (together with the Administrative Agent, the " Lenders ") and Bank of America, N.A. (the " Administrative Agent ") as administrative agent, swing line lender and an L/C issuer, amending that certain Syndicated Facility Agreement, dated as of October 17, 2014, by and among AECOM, the other borrowers (together with AECOM, the " Borrowers ") and guarantors from time to time party thereto, the lenders from time to time party thereto, and the Administrative Agent (as amended, restated, extended, supplemented or otherwise modified prior to the Amendment Effective Date, the " Existing Credit Agreement " and as amended by the Amendment, the " Credit Agreement "). Pursuant to the Amendment, AECOM obtained a new $1.5 billion revolving credit facility (such revolving credit facility, the " Revolving Credit Facility "), a new term loan "A" facility in an aggregate principal amount of $750 million (the " Term Loan A Facility" and together with the Revolving Credit Facility, the " Pro Rata Facilities ") and a new term loan "B" facility in an aggregate principal amount of $700 million(the " Term Loan B Facility " and together with the Pro Rata Facilities, the " Amended Facilities "). The Revolving Credit Facility and the Term Loan A Facility mature on April 19, 2029. The Term Loan B Facility matures on April 19, 2031. The Term Loan A Facilities and Term Loan B Facilities were borrowed in full on the Amendment Effective Date U.S. dollars. Loans under the Revolving Credit Facility may be borrowed, and letters of credit thereunder may be issued, in U.S. dollars or in certain foreign currencies. These facilities replace in full the existing revolving credit facility and the term
03
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits 10.1 Amendment No. 14 to Syndicated Facility Agreement, dated as of April 19, 2024, by and among AECOM, the other Borrowers and Guarantors party thereto, the Lenders party thereto and Bank of America, N.A. as Administrative Agent, Swing Line Lender and an L/C Issuer 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 thereto duly authorized. AECOM Dated: April 25, 2024 By: /s/ David Y. Gan David Y. Gan Executive Vice President, Chief Legal Officer