We advised the initial purchasers on the high-yield notes offering

Davis Polk advised the initial purchasers on a Rule 144A / Regulation S offering by Brundage-Bone Concrete Pumping Holdings, Inc., a subsidiary of Concrete Pumping Holdings, Inc., of $375 million aggregate principal amount of its 6.000% senior secured second lien notes due 2026.

Concrete Pumping Holdings is a leading provider of concrete pumping services and concrete waste management services in the fragmented United States and United Kingdom markets, primarily operating under national brands in both geographies – Brundage-Bone for concrete pumping in the United States, Camfaud in the United Kingdom, and Eco-Pan for waste management services in both the United States and United Kingdom As of October 31, 2020, Concrete Pumping Holdings provided concrete pumping services in the United States from a footprint of approximately 90 locations across 22 states, concrete pumping services in the United Kingdom from 30 locations, and route-based concrete waste management services from 16 locations in the U.S. and one shared location in the United Kingdom.

The Davis Polk capital markets team included partner Michael Kaplan and associates Hillary A. Coleman and Michael Jiang. The Davis Polk finance team included partner Jason Kyrwood and associate Mario Babić. Counsel Kiara L. Rankin and associate Constance Zhang provided tax advice. Counsel David A. Zilberberg provided environmental advice. All members of the Davis Polk team are based in the New York office.

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