secwatch.observer — SEC 8-K summary
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Issuer:     Arcosa, Inc. (ACA)
CIK:        0001739445
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001739445-24-000116
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1739445/000173944524000116/0001739445-24-000116-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1739445/000173944524000116/aca-20240806.htm
  HTML page:      https://secwatch.observer/filing/0001739445-24-000116

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