Tutor Perini (TPC) announced that the company has prepaid an additional $75M of its Term Loan B debt. With this latest paydown, Tutor Perini has now successfully deleveraged its balance sheet by a total of $430M over the past twelve months, with $320M of the debt reduction due to the early paydown of the Term Loan B. As of January 21, 2025, the remaining principal balance of the Term Loan B, after these recent paydowns, was approximately $47M.
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