Installed Building Products to Increase Existing Term Loan B Facility
Business Wire•19/10/2026•13:00 ET
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Key Highlights
- ➤IBP seeks to increase existing ~$500 million Term Loan B by $250 million
- ➤Net proceeds targeted for general corporate purposes and associated fees
- ➤Add-On expected to carry the existing Term Loan B’s terms
- ➤Transaction remains subject to market conditions, with no assurance of completion
Installed Building Products to Increase Existing Term Loan B Facility
Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, announced today that it is seeking to increase its outstanding ~$500 million Term Loan B by $250 million (“Add-On”). Net proceeds from the Add-On are expected to be used for general corporate purposes and to pay associated fees.
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