Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →
CB&I upsizes and closes its senior secured credit facility to $625 million, led by Citibank, enhancing financial flexibility for future investments.
PRIVATEAug 13, 2026•about 2 hours ago
Amount Raised
$625 Million
Round Type
Debt Financing
The WoodlandsManufacturingEnergyOil And GasInvestors
Crédit Agricole CibTexas Capital BankWebster Bank, N.A.National Bank Of CanadaTruist SecuritiesZion Bancorporation, N.A.Goldman Sachs Bank UsaCitibank, N.A.
Description
CB&I announces the successful upsizing of its senior secured credit facility from $400 million to $625 million. This includes a $500 million revolving credit facility and a $125 million syndicated Term Loan A. The additional capacity supports the acquisition of Asset Solutions and ensures long-term growth initiatives. The facility is undrawn at closing, reflecting CB&I's strong liquidity position.
Don't miss CB&I's next move
Get an email the moment CB&I raises, hires an exec, or expands — usually minutes after it happens.
One email per event. Unsubscribe anytime.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech