← STERLING INFRASTRUCTURE, INC.

SECOND AMENDED AND RESTATED CREDIT AGREEMENT

When the limit steps, and which way the company's ratio has been moving.

20264.08x1.55x-0.97xToday

Signed Jul 2, 2026

Committed
$1.5bn
Matures
Jul 2031
TrancheSizeMaturesMargin
Revolving credit facility$1.5bnJul 2031150–200 bps

Priced over Term SOFR (Revolving credit facility).

LevelConditionMarginUnused fee
Level IVGreater than or equal to 3.00 to 1.00200 bps25 bps
Level IIILess than 3.00 to 1.00, but greater than or equal to 2.00 to 1.00175 bps20 bps
Level IILess than 2.00 to 1.00, but greater than or equal to 1.00 to 1.00150 bps20 bps

Lenders: BMO CAPITAL MARKETS CORP., BOFA SECURITIES, INC., PNC CAPITAL MARKETS LLC, TRUIST SECURITIES, INC., U.S. BANK NATIONAL ASSOCIATION, WELLS FARGO BANK, N.A.

Tested quarterly107.4%ratio -0.26x, estimated, vs 3.50x limit in force at Jun 30, 20263.50x
Borrower shall not permit the Total Net Leverage Ratio to be greater than 3.50 to 1.00
Read the filing on sec.gov ↗
Tested quarterlyHeadroom not yet measured3.00x
Borrower shall maintain an Interest Coverage Ratio of not less than 3.00 to 1.00.
Read the filing on sec.gov ↗

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