# Suncrete, Inc. (RMIX) — spac/extension [completed]
Source: SEC API (secapi.ai) · situation sit_c2e5dec85399bc814e98 · retrieved 2026-08-11T15:50:05.147Z

## Overview
Suncrete, Inc. is a concrete products manufacturer that operates through subsidiaries including Eagle Concrete Holdings and Eagle Redi-Mix Concrete, providing ready-mix concrete and related services.

On June 30, 2026, Suncrete, Inc. and its subsidiaries (the Loan Parties) entered into the Commitment Increase and Fifth Amendment to Credit Agreement with Bank of America, N.A. as administrative agent and the lenders. The amendment increased the Revolving Credit Facility from $25.0 million to $50.0 million and established a new $175.0 million Delayed Draw Term Loan Facility, both maturing on July 29, 2029. The Delayed Draw Term Loan Facility permits up to 10 drawings of at least $5.0 million each until the earlier of December 31, 2027 or when commitments are reduced to zero, with proceeds to be used for retroactive refinancing of prior acquisitions and financing of permitted acquisitions. The amendment also modified financial covenants, including replacing the minimum consolidated senior leverage ratio requirement with a minimum consolidated senior net leverage ratio of 4.00-to-1.00 through June 30, 2027 and 3.50-to-1.00 thereafter, and increased the Material Acquisition threshold from $25.0 million to $50.0 million.

## Terms
- Counterparty: Bank of America, N.A., as administrative agent, and the lenders party to the Credit Agreement · Deal value: $175.0M

## Key dates
- Expiry 2027-12-31 · Expected close 2026-06-30 · Completed 2026-07-07

## Timeline
- 2026-07-07 · 8-K (0001193125-26-297543): Suncrete increases revolving credit $25M, adds $175M delayed draw term loan; maturity July 2029 — *Suncrete, Inc. is a concrete products manufacturer that operates through subsidiaries including Eagle Concrete Holdings and Eagle Redi-Mix Concrete, providing ready-mix concrete and related services.* On June 30, 2026, Suncrete, Inc. and its subsidiaries (the Loan Parties) entered into the Commitment Increase and Fifth Amendment to Credit Agreement with Bank of America, N.A. as administrative agent and the lenders. The amendment increased the Revolving Credit Facility from $25.0 million to $50.0 million and established a new $175.0 million Delayed Draw Term Loan Facility, both maturing on July 29, 2029. The Delayed Draw Term Loan Facility permits up to 10 drawings of at least $5.0 million each until the earlier of December 31, 2027 or when commitments are reduced to zero, with proceeds to be used for retroactive refinancing of prior acquisitions and financing of permitted acquisitions. The amendment also modified financial covenants, including replacing the minimum consolidated senior leverage ratio requirement with a minimum consolidated senior net leverage ratio of 4.00-to-1.00 through June 30, 2027 and 3.50-to-1.00 thereafter, and increased the Material Acquisition threshold from $25.0 million to $50.0 million.
  https://www.sec.gov/Archives/edgar/data/2094433/0001193125-26-297543.txt

## Citations
- 0001193125-26-297543 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526297543