Tutor Perini Pays Down $100 Million in Debt, Expects to Repay More Than $75 Million in Q1

MT Newswires Live

2024/11/20

Tutor Perini (TPC) said Wednesday it has pre-paid an additional $100 million of its term loan B debt.

With the $50 million paydown of the loan disclosed in its Nov. 6 earnings release, the construction company said it has reduced its debt by $150 million in the last month.

About $123 million in principal now remains on its term loan B.

The company previously said it plans to pay down an additional $50 million to $75 million of the debt in Q1 2025. It now said it expects to repay an amount above $75 million.

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It now said it expects to repay an amount above $75 million.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TPC","symbol_name":"Tutor Perini","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2484200115","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484200115","pubTimestamp":1732108130,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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