Knife River Corp - 8-K Filing
On May 15, 2026, Knife River Corporation entered into a second amendment to its credit agreement with JPMorgan Chase Bank, N.A., as administrative agent, increasing existing term B loans by $400 million and reducing the interest rate margin by 0.25%. The total outstanding principal of term B loans became $895 million after this amendment. Proceeds will be used to refinance existing term B loans, repay borrowings under a revolving credit facility, and for working capital and general corporate purposes. (Items: 1.01 Entry into a Material Definitive Agreement, 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, 9.01 Financial Statements and Exhibits)
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