CRH announces Cash Tender Offers, Exchange Offers and Consent Solicitations for Arcosa, Inc. Notes
CRH America Finance, an indirect wholly owned subsidiary of CRH plc, launched cash tender offers and exchange offers for all outstanding Arcosa notes — $400M of 4.375% senior notes due 2029 and $600M of 6.875% senior notes due 2032 — following CRH's October 23, 2026 completion of the Arcosa acquisition. Holders can exchange into up to $1 billion of new CRH AF notes fully guaranteed by CRH plc, with consent solicitations to strip covenants from the existing Arcosa indentures. The offers expire December 4, 2026, with a $50 early tender premium per $1,000.
Key figures
- Deal Value Usd
- 1000000000
- New notes cap
- up to $1,000,000,000 aggregate principal of New CRH AF Notes
- Expiration date
- December 4, 2026
- Withdrawal deadline
- November 18, 2026
- Early tender premium
- $50 per $1,000 principal
- Arcosa 2029 notes outstanding
- $400,000,000 of 4.375% Senior Notes due 2029
- Arcosa 2032 notes outstanding
- $600,000,000 of 6.875% Senior Notes due 2032
AI analysis
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