PNC and Wells Fargo Upsize ABL Facility for Concrete Pumping to $225MM
Concrete Pumping amended and restated an existing ABL credit agreement for a subsidiary to provide up to $225 million (previously $160 million). The $50 million in incremental commitments was provided by PNC Bank, which joined the facility as a joint lead arranger, while $15 million in incremental commitments was provided by JPMorgan Chase.
June 6, 2023
Brundage-Bone Concrete Pumping Holdings | Concrete Pumping Holdings | Iain Humphries | JPMorgan Chase Bank | PNC Bank
Ian Koplin