2023-06-05 12:40:53 ET
- Concrete pumping and waste management services provider Concrete Pumping Holdings ( NASDAQ: BBCP ) said on Monday that its unit Brundage-Bone Concrete Pumping Holdings has amended an existing ABL credit agreement.
- The facility will now entail up to $225M of commitments, up from the previous $160M.
- The maturity date of the facility will extend to June 1, 2028.
- PNC Bank and National Association will join the facility as a joint lead arranger and provide $50M in incremental commitments.
- JPMorgan Chase Bank will provide $15M in incremental commitments.
- Source: Press Release
For further details see:
Concrete Pumping amends existing ABL credit agreement