Company: ACA
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001739445-25-000115
Chunk: 39

Company: Arcosa, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 39
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.5396.8Less accumulated amortization(111.1)(102.3)280.4294.5Intangible assets, net$324.2 $338.3 

Note 7. Debt

The following table summarizes the components of debt as of June 30, 2025 and December 31, 2024:June 30,2025December 31,2024 (in millions)Revolving credit facility$— $— Term Loan696.5 700.0 2021 Senior Notes - 4.375% due April 2029400.0 400.0 2024 Senior Notes - 6.875% due August 2032600.0 600.0 Finance leases (see Note 8 Leases)4.0 7.1 1,700.5 1,707.1 Less: unamortized debt issuance costs(17.0)(18.2)Total debt$1,683.5 $1,688.9 Revolving Credit Facility In August 2023, we entered into a Second Amended and Restated Credit Agreement (as amended, the "Credit Agreement") to increase our revolving credit facility from $500.0 million to $600.0 million, extend the maturity date of our revolving credit facility from January 2, 2025 to August 23, 2028, and refinance and repay in full the remaining balance of the term loan then outstanding under our prior credit facility. 

17

On August 15, 2024, we entered into Amendment No. 1 to the Credit Agreement ("Amendment No. 1 to the Credit Agreement") to, among other things, (i) increase our revolving credit facility from $600.0 million to $700.0 million, (ii) collateralize the amended revolving credit facility with substantially all of our and our subsidiary guarantors' personal property (with certain exceptions), (iii) make the applicable margin for revolving borrowings, letters of credit and the commitment fee rate be based on our consolidated net leverage ratio (permitting up to $150.0 million of unrestricted cash to be netted from the calculation thereof), (iv) modify the margin for Secured Overnight Financing Rate ("SOFR")-based revolving borrowings and letters of credit to range from 1.25% to 2.50% per annum, (v) modify the margin for