Concrete pumping holdings announces upsizing and pricing of its senior secured second lien notes offering

Denver, jan. 14, 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, has successfully upsized and priced its private offering of $425.0 million aggregate principal amount of senior secured second lien notes due 2032 (the “notes”), which was upsized by $25.0 million from the previously announced $400.0 million.   the notes will bear interest at an annual rate of 7.500%. the offering is expected to close on january 31, 2025, subject to customary closing conditions.
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