Great Lakes Completes $325 Million Senior Notes Offering

Technology & Services

Great Lakes senior notes offering


Summary

Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (NASDAQ: GLDD), recently completed an offering of $325,000,000 aggregate principal amount of the Company’s Senior Notes due in 2022. Proceeds from the offering will be used to refinance the company's existing senior notes and a portion of its ABL revolver.

Baird served as a co-manager on this transaction.

About

Great Lakes is the largest provider of dredging services in the United States and is the only U.S. dredging service provider with significant international operations. Great Lakes provides dredging services in the East, West, and Gulf Coasts of the United States and worldwide. The Company also owns specialty contracting service providers that primarily offer environmental, remediation and geotechnical services throughout the United States. The Company was founded in 1890 and is headquartered in Oak Brook, Illinois.
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Technology & Services

Great Lakes senior notes offering

Date
May 2017
Company
Great Lakes Dredge & Dock Corporation
Transaction
Private Capital Markets
Sectors
Technology & Services
Verticals
Facility, Industrial, Residential & Environmental Services
Target Geography
North America

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