🟢 Sterling Construction is trading 6% up today after expanding its credit facility to $1.5 billion

Sterling Construction is trading 6% up at $706.25 after announcing a major extension and expansion of its revolving credit facility to $1.5 billion.

• The new facility significantly extends the company's debt maturity profile to July 2, 2031.
• The upsized credit line materially increases financial flexibility for refinancing existing debt, funding strategic growth investments, and supporting working capital requirements.