Summit materials announces intention to offer $800 million of senior notes

Denver , nov. 27, 2023 /prnewswire/ -- summit materials, inc. (nyse: sum, "summit") announced today that its indirect subsidiaries summit materials, llc and summit materials finance corp. (the "issuers", and, together with summit, the "company") intend to offer $800.0 million aggregate principal amount of senior notes due 2031 (the "notes"). the company intends to use the proceeds from the offering, together with borrowings under a new term loan b facility, to finance the previously announced transaction with cementos argos s.a.
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