Forward for Specialty Finance
Deal Summary
Installed Building Products
$500,000,000
Repriced Term Loan B Facility
Royal Bank of Canada, RBC Capital Markets, BofA Securities, KeyBanc, US Bancorp, PNC Capital Markets
Deal Notes:
Repricing reduces interest rate, saving over $1MM annually in interest expense.
Term loan maturity remains 3/28/2031; includes adjusted SOFR + 1.75% or base rate + 0.75%.
