Displaying items by tag: loan

UK: Moore Concrete Products is building three new precast concrete plants at Ballymena in County Antrim, Northern Ireland. Business Eye News has reported that the producer secured financing from Denmark-based Danske Bank. Alongside the expansion, Moore Concrete Products is developing a new enterprise resource planning system to digitally integrate its operations.

Taiwan: Chongqing La Rui Yonggu Concrete has loaned US$2.91m to fellow Yonggu Group subsidiary Chongqing Taihong New Building Materials. Chongqing La Rui Yonggu Concrete informed the Taiwan Stock Exchange that the finances are intended to support the working capital needs of Chongqing Taihong New Building Materials.

US: SRM Concrete has borrowed US$300m as an add-on to its senior secured term loan. Moody's Investor Services reported that part of the funds will pay off SRM Concrete's US$130m seller note issued for its acquisition of USC Atlantic from Vulcan Materials in November 2022.