Martin Marietta Announces Pricing Terms of Debt Offering
Martin Marietta Materials, Inc. (MLM)
Last martin marietta materials, inc. earnings: 2/11 06:57 am
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ir.martinmarietta.com
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Source: GlobeNewswire
RALEIGH, N.C., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) (“Martin Marietta” or the “Company”) announced today the pricing of its offering of $750 million aggregate principal amount of 5.150% Senior Notes due 2034 (the “2034 Notes”) and $750 million aggregate principal amount of 5.500% Senior Notes due 2054 (the “2054 Notes” and, together with the 2034 Notes, the “Notes”). The 2034 Notes will mature on December 1, 2034, will have an interest rate of 5.150% per annum and will be issued at 99.266% of par value. The 2054 Notes will mature on December 1, 2054, will have an interest rate of 5.500% per annum and will be issued at 98.006% of par value. Interest on each series of Notes will be paid semiannually on June 1 and December 1, commencing June 1, 2025. The Notes will be sold pursuant to Martin Marietta’s shelf registration statement, base prospectus and prospectus supplement on file with the Securities and Exchange Commission (“SEC”). The Compan
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News
- Martin Marietta Materials, Inc. (NYSE: MLM) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
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- Martin Marietta Materials, Inc. (NYSE: MLM) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating. They now have a $640.00 price target on the stock, up previously from $515.00.MarketBeat
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MLM
Earnings
- 10/30/24 - Miss
MLM
Sec Filings
- 12/3/24 - Form 8-K
- 12/3/24 - Form 4
- 12/3/24 - Form 4
- MLM's page on the SEC website