Installed building products successfully closes new 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 closed its previously announced new 7-year $500 million term loan (the “new term loan”). the new term loan matures on march 28, 2031, has no financial maintenance covenants, and is rated bb+ by s&p global ratings and ba1 by moody's investors service. the pric.
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