Tutor Perini prepays additional $100M of term loan B debt

seekingalpha

2024-11-20

Construction company Tutor Perini (NYSE:TPC) said on Wednesday it has prepaid an additional $100M of its term loan B debt.
The current prepayment builds on a paydown of $50M of the term loan B debt disclosed in the company's November 6 statement.
The company has reached the upper end of its targeted debt reduction plan for Q4.
The remaining principal balance of term loan B is ~$123M.
Source: Press Release

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