Form 8-K · Current report
CRH plc 8-K, filed Jul 17, 2026
- Filed
- CIK
- 0000849395
- Accession no.
- 0001628280-26-048660
Summary
CRH plc's financing for its pending acquisition of Arcosa, Inc. was restructured on July 17, 2026, when CRH and CRH America Finance, Inc. entered a three-year $2.5 billion term loan facility, cutting commitments under the $5.75 billion bridge facility to $3.25 billion. The merger, under which Neon Merger Sub, Inc. would merge into Arcosa and Arcosa would become a wholly owned subsidiary of CRH Americas, Inc., was announced on June 22, 2026 and remains subject to conditions including Arcosa stockholder and regulatory approvals.
Key points
- The term loan facility bears interest at SOFR plus a margin set by a ratings-based pricing grid, with a quarterly ticking fee on the undrawn amount and no financial covenants.
- CRH expects it may replace some or all of the remaining $3.25 billion bridge commitments with one or more alternative financings before the merger closes, subject to market conditions.
- Proceeds from the bridge and term loan facilities, and/or alternative financing, together with cash on hand, are expected to fund the merger consideration and refinance certain Arcosa debt.
- CRH states it obtained required commitments for the term loan and that availability is subject to the same conditions as the bridge facility.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 8.01Other Events
From the filing
Item 8.01 Other Events. As previously announced in CRH public limited company’s (‘CRH’) Current Report on Form 8-K filed with the Securities and Exchange Commission on June 22, 2026, CRH Americas, Inc. (‘Parent’), a Delaware corporation and indirect wholly owned subsidiary of CRH, Neon Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Parent (‘Merger Sub’), and Arcosa, Inc., a Delaware corporation (‘Arcosa’), entered into an Agreement and Plan of Merger (the ‘Merger Agreement’), pursuant to which, subject to the terms and conditions set forth therein, Merger Sub will merge with and into Arcosa, with Arcosa being the surviving entity and becoming a wholly owned…
An excerpt of the text as filed with the SEC, cut for length.
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