Concrete Pumping to repay outstanding debt under 2018 loan

By Taylor Fox

New York, Jan. 19 – Concrete Pumping Holdings, Inc. plans to repay all outstanding debt under its term loan agreement dated Dec. 6, 2018, according to a news release.

The repayment will be funded using proceeds from a $350 million private placement and $39.4 million of borrowings under its ABL facility.

Concrete Pumping will also pay related fees and expenses.

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

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