NYSE:TPCConstruction
Tutor Perini (TPC) Refinances Debt, Is The Stock Still Cheap?
Tutor Perini (TPC) has drawn fresh attention after refinancing $400 million of high coupon 2029 notes with new 2033 debt at a lower rate, and overhauling its revolving credit facility to adjust terms and extend maturity.
See our latest analysis for Tutor Perini.
That refinancing comes at a time when Tutor Perini’s share price return has gained 13.37% year to date, while the 1 year total shareholder return of 60.95% reflects recent momentum in addition to a very large 3 year total shareholder...