Eagle Materials Inc. Enters Material Definitive Agreement
Ticker: EXP · Form: 8-K · Filed: Feb 4, 2025 · CIK: 918646
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation
TL;DR
Eagle Materials just signed a big deal, creating a new financial obligation. Keep an eye on this.
AI Summary
On February 4, 2025, Eagle Materials Inc. entered into a material definitive agreement, creating a direct financial obligation. The company, headquartered in Dallas, Texas, filed this 8-K report to disclose this significant financial event.
Why It Matters
This filing indicates a new financial commitment or obligation for Eagle Materials Inc., which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and creating financial obligations can introduce new risks related to debt, performance, or market conditions.
Key Players & Entities
- Eagle Materials Inc. (company) — Registrant
- February 4, 2025 (date) — Date of earliest event reported
- Dallas, Texas (location) — Principal Executive Offices
- 75225 (zip_code) — Principal Executive Offices Zip Code
FAQ
What type of material definitive agreement did Eagle Materials Inc. enter into?
The filing does not specify the exact nature of the material definitive agreement, only that it was entered into on February 4, 2025, and created a direct financial obligation.
What is the nature of the direct financial obligation created?
The filing does not provide specific details about the direct financial obligation, only that it resulted from the material definitive agreement.
When was the report filed?
The report was filed on February 4, 2025.
What is Eagle Materials Inc.'s principal executive office address?
Eagle Materials Inc.'s principal executive office is located at 5960 Berkshire Ln., Suite 900, Dallas, Texas 75225.
What is the company's IRS Employer Identification No.?
The company's IRS Employer Identification No. is 75-2520779.
Filing Stats: 1,285 words · 5 min read · ~4 pages · Grade level 14.4 · Accepted 2025-02-04 16:58:40
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value EXP New York Stock Exchan
- $200 million — ty in the aggregate principal amount of $200 million (the "Existing Initial Term Loan Facili
- $750 m — an aggregate principal amount of up to $750 million, with a letter of credit sub-faci
- $40 m — with a letter of credit sub-facility of $40 million, with a swingline loan sub-facili
- $25 million — , with a swingline loan sub-facility of $25 million (the "Existing Revolving Loan Facility"
- $300 million — ty in the aggregate principal amount of $300 million (the "New Initial Term Loan Facility"),
- $375 m — an aggregate principal amount of up to $375 million, which may take the form of revol
Filing Documents
- d859399d8k.htm (8-K) — 35KB
- d859399dex101.htm (EX-10.1) — 707KB
- g859399g0204235605355.jpg (GRAPHIC) — 3KB
- 0001193125-25-020106.txt ( ) — 1031KB
- exp-20250204.xsd (EX-101.SCH) — 3KB
- exp-20250204_lab.xml (EX-101.LAB) — 18KB
- exp-20250204_pre.xml (EX-101.PRE) — 11KB
- d859399d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits Exhibit Number Description 10.1 Amendment No. 2 to Credit Agreement, dated as of February 4, 2025, by and among the Company, the lenders identified therein and JPMorgan Chase Bank, N.A., as the administrative agent, issuing bank and swingline lender thereunder. 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. EAGLE MATERIALS INC. Date: February 4, 2025 By: /s/ D. Craig Kesler D. Craig Kesler Executive Vice President – Finance and Administration and Chief Financial Officer