Knife River Corp 8K

Knife River Corporation amended its Credit Agreement to reprice and refinance its existing Tranche B term loans and add $400 million of incremental Tranche B term debt, creating an $895 million 2026 Tranche B Term Loan facility for refinancing, working capital, and general corporate purposes.

On May 15, 2026, Knife River Corporation entered into a Second Amendment to its existing May 31, 2023 Credit Agreement, under which it refinanced in full its outstanding Initial Tranche B Term Loans by establishing $495 million of 2026 Repricing Tranche B Term Loans as Specified Refinancing Debt and simultaneously arranged an incremental increase of $400 million in term loan commitments (the 2026 Incremental Term Loans), all of which together form an $895 million 2026 Tranche B Term Loan facility; Bank of America, N.A. acted as the additional term lender and sole provider of the new and incremental commitments, with proceeds used to repay non-rolled existing term loans, pay accrued interest, and fund working capital and general corporate purposes, while preserving the existing collateral structure and guarantees under the amended credit documentation.

Filing Facts

CIK

1955520

Ticker

-

Form

8K

Source Type

sec

Accession

0001628280-26-036006

Alert Tier

7