# STERLING INFRASTRUCTURE, INC. (STRL) — capital_raise [completed]
Source: SEC API (secapi.ai) · situation sit_00b905a037321d9a6e1f · retrieved 2026-08-12T18:30:53.571Z

## Overview
Sterling Infrastructure, Inc. is a heavy construction contractor engaged in infrastructure construction and related services.

On July 2, 2026, Sterling Infrastructure, Inc. entered into a Second Amended and Restated Credit Agreement with BMO Bank N.A. as administrative agent and a syndicate of lenders. The amended facility increases borrowing capacity by $1.05 billion and provides for revolving borrowings up to $1.5 billion (with a $600 million sublimit for letters of credit and a $50 million sublimit for swing line loans), maturing on July 2, 2031. The facility will be used for refinancing and prepaying existing indebtedness, capital expenditures, permitted acquisitions, and general corporate purposes. As of July 2, 2026, the Company had $90 million outstanding under the Revolving Loans.

## Terms
- Counterparty: BMO Bank N.A., as administrative agent, and syndicate of lenders · Deal value: $1.50B

## Key dates
- Expiry 2031-07-02 · Expected close 2026-07-02 · Completed 2026-07-08

## Timeline
- 2026-07-08 · 8-K (0000874238-26-000093): Sterling Infrastructure extends $1.5B revolving credit facility to July 2031; increases capacity by $1.05B — *Sterling Infrastructure, Inc. is a heavy construction contractor engaged in infrastructure construction and related services.* On July 2, 2026, Sterling Infrastructure, Inc. entered into a Second Amended and Restated Credit Agreement with BMO Bank N.A. as administrative agent and a syndicate of lenders. The amended facility increases borrowing capacity by $1.05 billion and provides for revolving borrowings up to $1.5 billion (with a $600 million sublimit for letters of credit and a $50 million sublimit for swing line loans), maturing on July 2, 2031. The facility will be used for refinancing and prepaying existing indebtedness, capital expenditures, permitted acquisitions, and general corporate purposes. As of July 2, 2026, the Company had $90 million outstanding under the Revolving Loans.
  https://www.sec.gov/Archives/edgar/data/874238/0000874238-26-000093.txt

## Citations
- 0000874238-26-000093 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000087423826000093