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home / news releases / IBP - Installed Building Products to raise $500M in new term loan facility

IBP - Installed Building Products to raise $500M in new term loan facility

Installed Building Products Inc.
Installed Building Products (NYSE:IBP) plans to raise a new 7-year $500M term loan due 2028 whose net proceeds will be used to refinance its existing $200M Term Loan B facility due April 2025 as well as for acquisitions, other growth initiatives and general corporate purposes. The terms of any New Term Loan will be disclosed on transaction completion which is expected to be announced by December end.

For further details see:

Installed Building Products to raise $500M in new term loan facility
Stock Information
Company Name: Installed Building Products Inc.
Stock Symbol: IBP
Market: NYSE
Website: installedbuildingproducts.com
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