QXO Announces Cash Tender Offers and Consent Solicitations for Any and All of TopBuild Corp.’s 4.125% Senior Notes due 2032 and 5.625% Senior Notes due 2034
QXO has commenced cash tender offers and consent solicitations for TopBuild’s outstanding senior notes due 2032 and 2034, a key step in its pending acquisition of the building materials distributor. The company is offering $1,011.25 per $1,000 of principal (including a $50 early tender bonus) to purchase the debt and solicit consents to amend the indentures.
Key figures
- Notes 2032 principal
- 500000000
- Notes 2034 principal
- 750000000
- Early tender bonus per 1k
- 50
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