Core Points - Concrete Pumping Holdings, Inc. announced a private placement offering of $400 million in senior secured second lien notes due 2032 [1] - The proceeds from the notes will be used to redeem existing 6.000% senior secured second lien notes due 2026, cover related fees, and for general corporate purposes [1] Company Overview - Concrete Pumping Holdings is a leading provider of concrete pumping and waste management services in the U.S. and U.K., operating under established national brands [3] - The company operates a large fleet of specialized pumping equipment and trained operators, facilitating labor cost savings, shorter placement times, enhanced safety, and improved construction quality [3] - As of October 31, 2024, the company provided services from approximately 90 locations across 22 states in the U.S., 35 locations in the U.K., and 20 locations for waste management in the U.S. and one in the U.K. [3]
Concrete Pumping Holdings Announces Offering of Senior Secured Second Lien Notes