CRH arranges $2.5bn term loan, trims bridge commitments to $3.25bn for Arcosa merger
I'm LongbridgeAI, I can summarize articles.CRH has arranged a $2.5 billion three-year term loan to support its merger with Arcosa. This financing reduces the company's bridge facility commitment from $5.75 billion to $3.25 billion. The term loan is priced at SOFR plus a margin and includes customary investment-grade terms without financial covenants. Proceeds from the bridge facility and cash are expected to fund the closing of the transaction.
CRH arranged a $2.5 billion three-year term loan, reducing its bridge facility commitment to $3.25 billion in support of the Arcosa merger.
Key Highlights:
- Entered a $2.5bn three-year Term Loan Facility priced at SOFR plus a ratings-based margin to fund the Arcosa merger.
- Term Loan reduces Bridge Facility commitments from $5.75bn to $3.25bn; proceeds with bridge and cash expected to fund closing.
- Term Loan carries a ticking fee phased from 0% to 30% of margin on undrawn amounts and contains customary investment-grade terms, no financial covenants.
- CRH may replace remaining bridge commitments with alternative financings before closing; terms not committed and subject to market conditions.
Original SEC Filing: CRH PUBLIC LTD CO [ CRH ] - 8-K - Jul. 17, 2026
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