Concrete Pumping upsizes asset-based lending facility

Concrete Pumping Holdings announced that Brundage-Bone Concrete Pumping Holdings, has amended and restated its existing ABL credit agreement to provide up to $350 million of commitments and extend the maturity of the ABL Facility to September 6, 2029. Of the additional $125 million in commitments, $75 million was provided by Bank of America, N.A., which joins the facility as a joint lead arranger and joint bookrunner, and $50 million in additional commitments was provided by PNC Bank, National Association, acting as a joint lead arranger and joint bookrunner.