Aug 1 (Reuters) - Arcosa Inc ( ACA ):
* ARCOSA, INC. ( ACA ) ANNOUNCES AGREEMENT TO ACQUIRE THE
CONSTRUCTION
MATERIALS BUSINESS OF STAVOLA HOLDING CORPORATION FOR $1.2
BILLION AND OTHER VALUE ENHANCING PORTFOLIO ACTIONS TO
ACCELERATE LONG-TERM STRATEGY
* ARCOSA INC ( ACA ): FINANCING TO INCLUDE NEW LONG-TERM DEBT WITH
CLEAR
PATH TO DELEVERAGING
* ARCOSA INC ( ACA ): ALSO ENTERED INTO AGREEMENT TO SELL STEEL
COMPONENTS
BUSINESS TO STELLEX CAPITAL MANAGEMENT
* ARCOSA INC ( ACA ): OBTAINED $1.2 BILLION SECURED BRIDGE LOAN
FINANCING
FOR DEAL OF STAVOLA, AS WELL AS BACKSTOP TO EXISTING $600
MILLION REVOLVING CREDIT FACILITY
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