Installed Building Products Announces Plans to Refinance and Extend its Term Loan B Facility
Installed Building Products, Inc. (IBP)
Last installed building products, inc. earnings: 2/27 07:00 am
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US:NYSE Investor Relations:
investors.installedbuildingproducts.com/investor-relations
Company Research
Source: Business Wire
COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced that the Company is seeking to refinance and extend its existing $490 million Term Loan B facility due 2028 with a new 7-year $500 million term loan (the “New Term Loan”) due 2031. Net proceeds of the New Term Loan will be used to refinance the existing term loan and pay fees.The terms of any New Term Loan will be disclosed upon the completion of the transaction, which is expected to be announced in the next several weeks. This proposed refinancing is subject to market and other conditions, and there can be no assurance that it will be completed.The lender’s presentation will be posted on the investor relations section of the Company’s website on Wednesday, March 13, 2024.Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the feder
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IBP
Earnings
- 2/22/24 - Beat
IBP
Sec Filings
- 4/23/24 - Form 4
- 4/23/24 - Form 4
- 4/23/24 - Form 4
- IBP's page on the SEC website