Topbuild announces pricing of its senior notes offering in connection with previously announced acquisition of distribution international

Daytona beach, fla., sept. 28, 2021 (globe newswire) -- topbuild corp. (nyse:bld) (“topbuild” or the “company”) a leading installer and distributor of insulation and building material products in the united states, today announced the pricing of its previously announced private offering of $500.0 million aggregate principal amount of senior notes due 2032 (the “notes”) to be 4.125%. topbuild intends to use the net proceeds from the sale of the 4.125% notes, together with borrowings under a new term loan and cash on hand, to fund the purchase price payable in connection with the consummation of its previously announced acquisition (the “acquisition”) of distribution international, inc. (“di”), including the payment of related fees and expenses.
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