AECOM Secures New $500M Revolving Credit Facility to Enhance Liquidity
ACM is trading near its 52-week low of $67.64 (2.9% above the low).
Summary
AECOM secured a new $500 million revolving credit facility, boosting its liquidity and providing financial flexibility for future operations and strategic acquisitions.
Key Events · Financing and Capital Events · ACM
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New $500 Million Revolving Credit Facility
AECOM entered into a new Credit Agreement for a $500 million revolving credit facility, maturing on June 9, 2028.
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Enhanced Liquidity and Financial Flexibility
The facility provides substantial liquidity, with no borrowings outstanding as of the agreement date, supporting general corporate purposes.
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Secured by Company Assets
The obligations under the facility are guaranteed by certain subsidiaries and secured by a lien on substantially all assets of the borrowers and guarantors.
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Flexible Financial Covenants
The agreement includes a Consolidated Leverage Ratio covenant of 4.00 to 1.00, with a provision to temporarily increase it to 4.50 to 1.00 for five quarters following a significant acquisition of $200 million or more.
Analysis · ACM · Trade & Services
AECOM has entered into a new $500 million revolving credit facility, maturing in June 2028. This facility, which had no outstanding borrowings as of June 10, 2026, significantly enhances the company's liquidity and financial flexibility. The agreement is secured by substantially all assets of the borrowers and guarantors and includes a financial covenant requiring a Consolidated Leverage Ratio of less than or equal to 4.00 to 1.00. Notably, this ratio can be temporarily increased to 4.50 to 1.00 for five quarters following a significant acquisition of $200 million or more, providing strategic flexibility for future growth. This official filing confirms the details of a financing event previously reported in the news, providing definitive terms.
At the time of this filing, ACM was trading at $69.59 on NYSE in the Trade & Services sector, with a market capitalization of approximately $8.9B. The 52-week trading range was $67.64 to $135.52. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.