Installed building products successfully repriced term loan b facility

Columbus, ohio--(business wire)--installed building products, inc. (the “company” or “ibp”) (nyse: ibp), an industry-leading installer of insulation and complementary building products, today announced that the company has successfully completed the repricing of the company's approximately $492.5 million of existing term loans (the “tranche b-1 term loans”). the tranche b-1 term loans mature in december 2028, have no financial maintenance covenants, and are rated bb+ by s&p global ratings a.
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