Core & Main (CNM) has released an update to notify the public and investors about a regulation fd disclosure.
Core & Main, Inc.’s subsidiary is amending its term loan credit agreement to borrow up to $750 million in new term loans due in 2031, for purposes such as repaying existing debt, investing in growth, and shareholder returns. Additionally, they’re extending the maturity of their $1,250 million revolving credit facility from 2026 to 2029. These changes, approved by the board, will be disclosed upon completion.
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