05:08 PM EDT, 08/12/2024 (MT Newswires) -- Arcosa ( ACA ) said Monday it priced its $600 million private offering of 6.875% senior notes due 2032.

The offering is slated to close on Aug. 26, the company said.

Net proceeds from the offering, together with borrowings, will be used to fund the $1.2 billion acquisition of Stavola's construction materials business, and any remaining to repay amounts outstanding under its revolving credit facility, the firm said.

Price: 80.32, Change: -1.11, Percent Change: -1.36