Cardinal Infrastructure Group Inc. filed a Form 8-K on September 11, 2026, disclosing that its subsidiary, Cardinal Civil Contracting, LLC, entered into a second amendment to its credit agreement with Truist Bank on September 10, 2026.

Key Highlights

  • New delayed draw term loan: The Second Amendment establishes a delayed draw term loan facility in an aggregate principal amount of up to $250,000,000.
  • Revolving commitment increase: Aggregate revolving commitments were increased from $75,000,000 to $100,000,000.
  • Administrative agent: Truist Bank serves as administrative agent, issuing bank, and swingline lender under the Credit Agreement.
  • Original credit agreement date: The underlying Credit Agreement is dated October 1, 2025, with a first amendment dated February 18, 2026.
  • Parent not a party: According to the filing, Cardinal Infrastructure Group Inc. is not a party to the Second Amendment or the Credit Agreement.

Cardinal Civil Contracting Secures Expanded Credit Facilities via Second Amendment

According to the 8-K filed by Cardinal Infrastructure Group Inc. (NASDAQ:CDNL), its subsidiary Cardinal Civil Contracting, LLC, acting as borrower, entered into the Second Amendment to its credit agreement on September 10, 2026. The amendment was executed among the borrower, other guarantors party thereto, lenders party thereto, and Truist Bank in its capacity as administrative agent, issuing bank, and swingline lender. The filing notes that the parent company, Cardinal Infrastructure Group Inc., is not itself a party to either the Second Amendment or the Credit Agreement.

The Second Amendment makes three principal changes to the existing Credit Agreement, according to the filing. It establishes a new delayed draw term loan facility with an aggregate principal amount of up to $250,000,000. It also increases the aggregate revolving commitments from $75,000,000 to $100,000,000. In addition, the filing states that the amendment "modifies certain other provisions of the Credit Agreement." The filing specifies that all other terms and conditions of the Credit Agreement "remain the same as previously disclosed," except as modified by the Second Amendment.

The full text of the Second Amendment is filed as Exhibit 10.1 to the Current Report. The filing was signed by Mike Rowe, Chief Financial Officer of Cardinal Infrastructure Group Inc., on September 11, 2026. Cardinal Infrastructure Group is incorporated in Delaware and headquartered at 100 E. Six Forks Road, #300, Raleigh, North Carolina 27609. The company is identified in the filing as an emerging growth company that has elected not to use the extended transition period for complying with new or revised financial accounting standards.

What Was Disclosed

Cardinal Infrastructure Group Inc. disclosed through its subsidiary that it amended its credit agreement to add a delayed draw term loan facility of up to $250,000,000 and increased revolving commitments from $75,000,000 to $100,000,000, with Truist Bank as administrative agent.