Business
Tutor Perini Further Strengthens Balance Sheet with Payoff of its Term Loan B
LOS ANGELES, February 20, 2025--Tutor Perini Corporation (NYSE: TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that the Company has paid off its remaining Term Loan B debt of approximately $47 million. With this latest prepayment, Tutor Perini has successfully accelerated the deleveraging of its balance sheet, reducing total debt by $477 million, or 52%, since December 31, 2023.
About this update from Tutor Perini Corporation
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