Summit Materials Announces Pricing of $700 Million of 5.25% Senior Notes Due 2029
Summit Materials, Inc. Class A (SUM)
Last summit materials, inc. class a earnings: 4/29 06:00 am
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US:NYSE Investor Relations:
investors.summit-materials.com/news
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Source: Business Wire
DENVER--(BUSINESS WIRE)--Summit Materials, Inc. (NYSE: SUM, “Summit”) announced today that its indirect subsidiaries Summit Materials, LLC and Summit Materials Finance Corp. (the “Issuers”, and, together with Summit, the “Company”) finalized the terms of the previously announced offering of $700.0 million aggregate principal amount of Senior Notes due 2029 (the “notes”). Summit anticipates that consummation of the offering will occur on August 11, 2020, subject to customary closing conditions. The Company intends to use the proceeds from the offering to redeem all $650.0 million in aggregate principal amount of its outstanding 6.125% Senior Notes due 2023 (the “2023 Notes”) and to pay fees and expenses incurred in connection with the offering and the redemption of the 2023 Notes. Any remaining net proceeds will be used for general corporate purposes, including to finance acquisitions.The notes offered have not been and will not be registered under the Securities Act of 1933, as am
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SUM
Earnings
- 2/14/24 - Beat
SUM
Sec Filings
- 4/8/24 - Form ARS
- 4/8/24 - Form DEFA14A
- 4/8/24 - Form DEF
- SUM's page on the SEC website