Cardinal Infrastructure Group Inc. reported on September 10, 2026, that its subsidiary, Cardinal Civil Contracting, LLC, has entered into a second amendment to its credit agreement with Truist Bank. The amendment, effective on the date of the report, modifies the terms of the existing credit facility established on October 1, 2025.
The updated agreement includes three primary changes. First, it establishes a delayed draw term loan facility with a maximum aggregate principal amount of $250,000,000. Second, it increases the aggregate revolving commitments from $75,000,000 to $100,000,000. Finally, the amendment modifies certain other provisions of the original Credit Agreement.
Cardinal Civil Contracting, LLC serves as the Borrower in the agreement, which also involves other subsidiary guarantors and lenders. Truist Bank acts as the administrative agent, issuing bank, and swingline lender. The Company itself is not a party to the agreement. The full text of the Second Amendment is included as Exhibit 10.1 to the filing.
