Arcosa’s $400 Million Senior Notes Offering

Baker Botts LLP advised Arcosa, Inc. on the deal.

Arcosa, Inc. (NYSE: ACA), a provider of infrastructure-related products and solutions, announced the pricing of its private offering of $400 million aggregate principal amount of 4.375% senior notes due 2029 (the “Notes”). 

Arcosa intends to use the net proceeds of the offering to fund the payment of the purchase price of the previously announced acquisition of StonePoint Ultimate Holding, LLC and affiliated entities, expected to close in April 2021. Net proceeds will also be used to repay any borrowings that may be outstanding under Arcosa’s $150 million 364-day credit facility at the closing of the offering of the Notes, and for general corporate purposes, which may include repayment in whole, or in part, of amounts outstanding under Arcosa’s existing revolving credit facility and other potential strategic investments.

The Baker Botts team included: Samantha Crispin (Partner, Dallas, Picture), Adorys Velazquez (Partner, New York), Jennifer Wu (Special Counsel, Austin), Derek Gabriel (Associate, Dallas), Rusty Shellhorn (Associate, Dallas), Luke Weedon (Partner, Dallas), Clint Culpepper (Special Counsel, Austin), Stephen Marcus (Partner, Dallas), Jordan Hahn (Senior Associate, Dallas), Robin Melman (Partner, New York), Krisa Benskin (Special Counsel, Houston), Aileen Hooks (Partner, Austin) and Catie Arnold Miller (Associate, Austin).



Involved fees earner: Krisa Benskin – Baker Botts; Clint Culpepper – Baker Botts; Derek Gabriel – Baker Botts; Jordan Hahn – Baker Botts; Samantha Hale Crispin – Baker Botts; Aileen Hooks – Baker Botts; Stephen Marcus – Baker Botts; Robin Melman – Baker Botts; Catie Miller – Baker Botts; Rusty Shellhorn – Baker Botts; Adorys Velazquez – Baker Botts; Luke Weedon – Baker Botts; Jennifer Wu – Baker Botts;

Law Firms: Baker Botts;

Clients: Arcosa;

Martina Bellini

Author: Martina Bellini