Installed building products successfully closes new term loan facility

Columbus, ohio--(business wire)--installed building products, inc. (the “company”) (nyse: ibp), an industry-leading installer of insulation and complementary building products, announced today that the company has successfully closed its previously announced new 7-year $500 million term loan (the “new term loan”). the new term loan facility matures on december 13, 2028, has no financial maintenance covenants, and is rated bb+ by s&p global ratings and ba2 by moody's investors service. moody
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