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Brundage-Bone Concrete sets roadshow for $140 million secured notes
By Paul A. Harris
Portland, Ore., July 31 – Brundage-Bone Concrete Pumping, Inc. plans to market a $140 million offering of seven-year senior secured notes through the week ahead, according to an informed source.
Jefferies LLC is the bookrunner for the Rule 144A and Regulation S for life offering.
The notes become callable after three years at par plus 75% of the coupon.
Proceeds will be used to fund the acquisition of Brundage-Bone, a Denver-based provider of concrete pumping services, by Peninsula Pacific Strategic Partners LLC.
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