debt
confidence high
sentiment neutral
materiality 0.60
CRH secures $2.5B term loan for Arcosa acquisition; bridge facility reduced to $3.25B
CRH PUBLIC LTD CO
- $2.5B three-year term loan facility entered into on July 17, 2026, with SOFR plus ratings-based margin.
- Bridge facility commitments reduced from $5.75B to $3.25B as a result of the new term loan.
- Ticking fee on undrawn amount: 0% first 3 months, then 10%, 20%, 30% of applicable margin thereafter.
- No financial covenants; availability conditions same as the bridge facility.
- CRH expects to replace some or all remaining bridge commitments with alternative financings before closing.