tiprankstipranks
Arcosa Boosts Financial Flexibility with $700M Loan and Acquisition
Company Announcements

Arcosa Boosts Financial Flexibility with $700M Loan and Acquisition

Stay Ahead of the Market:

An update from Arcosa (ACA) is now available.

Arcosa, Inc. is set to enhance its financial agility by launching a substantial $700 million senior secured Term Loan B Facility, slated to mature in 2031. This move coincides with the company’s strategic acquisition of interests and assets from Stavola Holding Corporation through its subsidiary, Arcosa MS9, LLC. Investors can anticipate future financial statements to align with public entity GAAP standards, following the completion of this significant transaction.

Learn more about ACA stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles