Concrete Holdings upsizes ABL facility to $125 million with amendment

Chicago, Jan. 28 – Concrete Pumping Holdings, Inc. announced that it has amended and restated its asset-based lending facility to increase the size to $125 million from $60 million, according to a press release.

Approximately $15 million of borrowings under the facility, with a new issue of notes which have just closed, are being used to repay all outstanding debt under the company’s existing term loan agreement from Dec. 6, 2018.

Concrete Pumping is a Denver-based provider of concrete pumping services and concrete waste management services.

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