AmeriTex strengthens drainage market stake with $155M credit facility

Sources: AmeriTex Holdings LLC, Seguin, Texas; CP staff The Lone Star State’s top concrete pipe, box culvert and precast concrete drainage structures producer recently closed a $155 million credit facility with Bank of America to combine with  $530 million in senior notes raised with BofA Securites in October 2023. The financing leeway positions AmeriTex to grow capacity and product offerings for…

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