Concrete pumping holdings announces offering of senior secured second lien notes

Denver, jan. 13, 2025 (globe newswire) -- concrete pumping holdings, inc. (nasdaq: bbcp) (the “company”) announced today that brundage-bone concrete pumping holdings inc. (the “issuer”), a wholly-owned subsidiary of the company, intends to offer, on a private placement basis, $400.0 million aggregate principal amount of senior secured second lien notes due 2032 (the “notes”). the notes will be guaranteed on a senior secured basis by the company, concrete pumping intermediate acquisition corp., and each of the issuer's domestic, wholly-owned subsidiaries that is a borrower under or a guarantor of the company's existing senior secured asset-based revolving credit facility.
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