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Concrete Pumping Holdings Completes $425M Note Offering

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Concrete Pumping Holdings Completes $425M Note Offering

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Concrete Pumping Holdings ( (BBCP) ) has provided an announcement.

On February 3, 2025, Concrete Pumping Holdings, Inc. announced the successful completion of a private offering of $425 million in senior secured second lien notes due 2032, intended to refinance existing debt and support a special one-time dividend of $1.00 per share. This strategic financial move underscores the company’s solid operating performance and commitment to shareholder value while maintaining liquidity for future growth.

More about Concrete Pumping Holdings

Concrete Pumping Holdings is a leading provider of concrete pumping and concrete waste management services in the U.S. and U.K., operating under recognized national brands such as Brundage-Bone Concrete Pumping in the U.S., Camfaud Group Limited in the U.K., and Eco-Pan, Inc. for waste management in both regions. The company boasts a large fleet of specialized equipment, offering solutions that enhance efficiency, safety, and quality in construction.

YTD Price Performance: 43.39%

Average Trading Volume: 152,971

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $448.4M

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

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