TopBuild Announces Pricing of its Senior Notes Offering
TopBuild (NYSE:BLD), a leading installer of insulation and commercial roofing products in the US and Canada, has announced the pricing of its $750.0 million senior notes offering due 2034. The notes will carry an interest rate of 5.625% and are expected to close on September 25, 2025.
The notes will be guaranteed by TopBuild's wholly owned domestic subsidiaries that are borrowers or guarantors under the company's credit agreement. The proceeds will be used for general corporate purposes, including potential acquisitions. The offering is subject to customary closing conditions and the notes will not be registered under the Securities Act.
TopBuild (NYSE:BLD), un'azienda leader nell'installazione di prodotti isolanti e di coperture commerciali negli Stati Uniti e in Canada, ha annunciato il prezzo della sua offerta di obbligazioni senior da 750,0 milioni di dollari con scadenza nel 2034. Le obbligazioni avranno una cedola del 5,625% e si prevede chiudano il 25 settembre 2025.
Le obbligazioni saranno garantite dalle controllate statunitensi interamente controllate dalla TopBuild che sono debitori o garanti ai sensi del suo accordo di credito. I proventi saranno utilizzati per scopi aziendali generali, inclusi potenziali acquisizioni. L'offerta è soggetta a condizioni di chiusura usuali e le obbligazioni non saranno registrate ai sensi del Securities Act.
TopBuild (NYSE:BLD), una empresa líder en la instalación de productos de aislamiento y techos comerciales en Estados Unidos y Canadá, ha anunciado el precio de su emisión de notas senior por 750,0 millones de dólares con vencimiento en 2034. Las notas llevarán una tasa de interés del 5,625% y se espera que cierren el 25 de septiembre de 2025.
Las notas serán garantizadas por las subsidiarias nacionales de TopBuild que sean deudoras o garantes bajo el acuerdo de crédito de la empresa. Los fondos se utilizarán para fines corporativos generales, incluidas posibles adquisiciones. La oferta está sujeta a condiciones de cierre habituales y las notas no estarán registradas conforme a la Securities Act.
TopBuild (NYSE:BLD)는 미국과 캐나다에서 단열재 및 상업용 지붕 재료 설치의 선도기업으로서 7억 5,000만 달러 규모의 선순위 채권 발행의 가격을 발표했으며 만기는 2034년입니다. 채권의 이자율은 5.625%이고 2025년 9월 25일에 마감될 것으로 예상됩니다.
이 채권은 회사의 신용계약에 따라 차입자 또는 보증인인 TopBuild의 국내 완전 소유 자회사들이 보증합니다. 조달된 자금은 일반기업목적, 포함 잠재적 인수에 사용될 예정입니다. 발행은 일반적 마감조건의 적용을 받으며 채권은 증권법에 따라 등록되지 않습니다.
TopBuild (NYSE:BLD), leader dans l'installation de produits d'isolation et de couverture commerciale aux États-Unis et au Canada, a annoncé le prix de son adjudication d'obligations senior pour 750,0 millions de dollars arrivant à échéance en 2034. Les obligations porteront un coupon de 5,625% et devraient être émises le 25 septembre 2025.
Les obligations seront garanties par les filiales nationales entièrement détenues par TopBuild qui sont emprunteurs ou garants en vertu de l'accord de crédit de la société. Le produit sera utilisé pour des besoins généraux de l'entreprise, y compris d'éventuelles acquisitions. L'offre est soumise à des conditions de clôture habituelles et les obligations ne seront pas enregistrées au titre de la Securities Act.
TopBuild (NYSE:BLD), ein führender Installateur von Dämmungs- und gewerblichen Dacheindeckungsprodukten in den USA und Kanada, hat die Preisfestsetzung für sein Senior-Notes-Angebot über 750,0 Mio. USD mit Laufzeit bis 2034 bekannt gegeben. Die Anleihen tragen einen Zinssatz von 5,625% und sollen voraussichtlich am 25. September 2025 geschlossen werden.
Die Anleihen werden von TopBuilds ausschließlich im Inland gehaltenen Tochtergesellschaften garantiert, die Kreditnehmer oder Bürgen gemäß dem Kreditvertrag des Unternehmens sind. Die Erlöse werden für allgemeine Geschäftszwecke, einschließlich möglicher Übernahmen, verwendet. Das Angebot unterliegt gewohnten Abschlussbedingungen, und die Anleihen werden nicht gemäß dem Securities Act registriert.
TopBuild (NYSE:BLD)، شركة رائدة في تركيب العزل ومنتجات الأسطح التجارية في الولايات المتحدة وكندا، أعلنت عن تسعير عرض سندات كبار من 750.0 مليون دولار المستحقة في 2034. ستتمتع السندات بعائد 5.625% ومن المتوقع أن تُغلق في 25 سبتمبر 2025.
سيتم ضمان السندات من قبل الشركات التابعة المملوكة تماماً لـ TopBuild والمُقرضة أو المضمونة بموجب اتفاقية الائتمان الخاصة بالشركة. ستُستخدم العائدات لأغراض الشركات العامة، بما في ذلك عمليات الاستحواذ المحتملة. العرض خاضع للشروط الإغلاق المعتادة، والسندات لن يتم تسجيلها بموجب قانون الأوراق المالية.
TopBuild (NYSE:BLD)，在美国和加拿大的绝热材料与商业屋面产品安装领域的领先企业，宣布定价其 7.5亿美元高级票据发行，期限至2034年。票据的利率为5.625%，预计将于2025年9月25日完成交易。
票据将由 TopBuild 完全控股的美国境内子公司担保，这些子公司在公司信贷协议下为借款人或担保人。募集资金将用于一般企业用途，包括潜在的并购。发行须符合常规的成交条件，票据不按证券法注册。
- None.
- Additional debt burden with 5.625% interest rate through 2034
- Increased leverage could impact financial flexibility
- Unregistered notes may have limited liquidity in secondary markets
DAYTONA BEACH, Fla., Sept. 15, 2025 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD) (“TopBuild” or the “Company”), a leading installer of insulation and commercial roofing and a specialty distributor of insulation and related building material products to the construction industry in the United States and Canada, today announced the pricing of its previously announced private offering of
TopBuild expects the offering to close on September 25, 2025, subject to customary closing conditions.
The notes will be guaranteed, on an unsecured senior basis, by each of TopBuild’s direct and indirect wholly owned domestic subsidiaries that is a borrower or guarantor under the Company’s credit agreement.
The notes offering is subject to market and other conditions, and there is no assurance that the offering will be completed or, if completed, as to the terms on which it will be completed.
The notes will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration under the Securities Act or an applicable exemption from registration requirements. This announcement does not constitute an offer to sell, or the solicitation of an offer to buy, any securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About TopBuild
TopBuild Corp., headquartered in Daytona Beach, Florida, is a leading installer of insulation and commercial roofing and is also a specialty distributor of insulation and related building material products to the construction industry in the United States and Canada. We provide insulation and commercial roofing installation services nationwide through our Installation segment which has over 200 branches located across the United States. We distribute building and mechanical insulation, insulation accessories and other building product materials for the residential, commercial, and industrial end markets through our Specialty Distribution business. Our Specialty Distribution network encompasses more than 150 branches across the United States and Canada.
Safe Harbor Statement
This press release contains “forward-looking statements” within the meaning of federal securities laws. Forward-looking statements can be identified by the use of forward-looking words, such as “will,” “would,” “anticipate,” “expect,” “believe,” “plan,” “hope,” “estimates,” “suggests,” “has the potential to,” “projects,” “assumes,” “goal,” “targets,” “likely,” “should,” or “intend,” and other words and phrases of similar meanings, the negative of these terms, and similar references to anticipated or expected events, activities, trends, future periods or results. Forward-looking statements are based on the Company’s current expectations and are subject to risks and uncertainties that are difficult to predict and, accordingly, the Company’s actual results may differ materially from the results discussed or implied in the Company’s forward-looking statements. The Company cautions against relying on any of these forward-looking statements. Forward-looking statements are subject to a number of risks, uncertainties, and assumptions, including: the duration and impact of negative macro-economic impacts on the United States economy, specifically with respect to residential and commercial/industrial construction; the Company’s ability to collect its receivables from its customers; the Company’s reliance on residential new construction, residential repair/remodel, and commercial/industrial construction; the Company’s reliance on third-party suppliers and manufacturers; the Company’s ability to attract, develop, and retain talented personnel and the Company’s sales and labor force; the Company’s ability to maintain consistent practices across the Company’s locations; the Company’s ability to maintain the Company’s competitive position; and the Company’s ability to find attractive acquisition targets, successfully complete acquisitions and realize the expected benefits of the Company’s acquisitions. The Company discusses many of the risks it faces under the caption entitled “Risk Factors” in the offering memorandum for this offering and in the Company’s Form 10-K for the year ended December 31, 2024 filed with the SEC and incorporated by reference into the offering memorandum. The Company’s forward-looking statements in this press release speak only as of the date of this press release. Factors or events that could cause the Company’s actual results to differ materially may emerge from time to time, and it is not possible for the Company to predict all of them. Unless required by law, the Company undertakes no obligation to update publicly any forward-looking statements as a result of new information, future events or otherwise.
This press release was published by a CLEAR® Verified individual.
Investor Relations and Media Contact PI Aquino pi.aquino@topbuild.com 386-763-8801
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