Installed building products announces plans to refinance and extend its 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 is seeking to refinance and extend its existing $490 million term loan b facility due 2028 with a new 7-year $500 million term loan (the “new term loan”) due 2031. net proceeds of the new term loan will be used to refinance the existing term loan and pay fees. the terms of any ne.
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