Commercial Metals Co. Enters Material Definitive Agreement
Ticker: CMC · Form: 8-K · Filed: Oct 31, 2024 · CIK: 22444
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation
TL;DR
CMC just signed a big deal, likely a new loan or financial obligation.
AI Summary
On October 30, 2024, Commercial Metals Company entered into a material definitive agreement related to a direct financial obligation. The company, incorporated in Delaware, has its principal executive offices in Irving, Texas.
Why It Matters
This filing indicates a significant financial commitment or obligation for Commercial Metals Company, which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements, especially those creating financial obligations, can introduce financial risks and impact the company's balance sheet.
Key Numbers
- 1-4304 — Commission File Number (Identifies the company's SEC filing history)
- 75-0725338 — IRS Employer Identification No. (Company's tax identification number)
Key Players & Entities
- Commercial Metals Company (company) — Registrant
- October 30, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- Irving, Texas (location) — Address of Principal Executive Offices
FAQ
What type of material definitive agreement was entered into by Commercial Metals Company?
The filing indicates the entry into a material definitive agreement that is also the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement of a registrant.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is October 30, 2024.
Where are Commercial Metals Company's principal executive offices located?
Commercial Metals Company's principal executive offices are located at 6565 N. MacArthur Blvd., Irving, Texas.
In which state is Commercial Metals Company incorporated?
Commercial Metals Company is incorporated in Delaware.
What is the SIC code for Commercial Metals Company?
The Standard Industrial Classification (SIC) code for Commercial Metals Company is 3312, which corresponds to STEEL WORKS, BLAST FURNACES ROLLING MILLS (COKE OVENS).
Filing Stats: 742 words · 3 min read · ~2 pages · Grade level 11.9 · Accepted 2024-10-31 16:30:54
Key Financial Figures
- $0.01 — nge on Which Registered Common Stock, $0.01 par value CMC New York Stock Exchan
- $600.0 million — ty in the aggregate principal amount of $600.0 million (the " Revolving Credit Facility ") and
Filing Documents
- d846823d8k.htm (8-K) — 28KB
- d846823dex101.htm (EX-10.1) — 57KB
- 0001193125-24-248729.txt ( ) — 211KB
- cmc-20241030.xsd (EX-101.SCH) — 3KB
- cmc-20241030_lab.xml (EX-101.LAB) — 17KB
- cmc-20241030_pre.xml (EX-101.PRE) — 11KB
- d846823d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits 10.1 First Amendment to the Sixth Amended and Restated Credit Agreement, dated October 30, 2024, by and among Commercial Metals Company, certain subsidiaries of Commercial Metals Company as guarantors, the lenders party thereto and Bank of America, 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. COMMERCIAL METALS COMPANY Date: October 31, 2024 By: /s/ Paul J. Lawrence Name: Paul J. Lawrence Title: Senior Vice President and Chief Financial Officer