The high-yield notes are due 2032

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 $425 million aggregate principal amount of its 7.500% senior secured second-lien notes due 2032.

Concrete Pumping Holdings is a leading provider of concrete pumping services and concrete waste management services in the fragmented U.S. and U.K. 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, 2024, 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 approximately 35 locations, and route-based concrete waste management services from 20 locations in the United States and one shared location in the United Kingdom.

The Davis Polk capital markets team included partners Michael Kaplan and Hillary A. Coleman and associate Kanger Jin. The finance team included partner Jason Kyrwood, counsel Adela Troconis and associate Zachary Strother. Partner Aliza Slansky and associate Ted Lee 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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