Arcosa launches up to $700M Term Loan B due 2031 to fund Stavola acquisition

Arcosa, Inc.

Proposed senior secured Term Loan B facility up to $700M due 2031; closing expected Q4 2024.
Proceeds along with available cash and other unsecured debt to fund $1.2B cash acquisition of Stavola Holding.
Target audited FY2023 revenue $255.4M, net income $58.3M; FY2022 revenue $285.7M, net income $75.4M.
No assurance Term Loan will be successful; subject to market conditions and definitive documentation.
Acquisition of Stavola previously announced; this filing provides financing details and target financials.

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