Granite Construction disclosed a Market Disruption Event on July 9-10, 2026, extending the observation period for the redemption of its $273.3 million 3.75% Convertible Senior Notes due 2028.
Key takeaways
Company called $273.3M of 3.75% convertible notes for redemption on Aug 10, 2026, with conversion option until Aug 6.
Market disruption on Jul 9-10 excluded from observation period, now running through Aug 10, 2026.
Settlement expected Aug 12, 2026, with cash up to $2,617.40 per $1,000 principal plus stock.