QXO, Inc. (QXO) Form 8-K — Jun 17, 2026
QXO Inc.’s subsidiary, QXO Building Products Inc., closed a private offering of $3.0 billion aggregate principal amount of senior notes. The offering includes $1.5 billion of 6.500% notes due 2031 and $1.5 billion of 6.875% notes due 2034, with interest payable semi-annually. The gross proceeds are held in a segregated escrow account and will be used to finance the proposed acquisition of TopBuild Corp. The notes are currently secured by the escrowed funds and will become unsecured obligations guaranteed by restricted subsidiaries upon the closing of the acquisition.
Key figures
- Debt Amount
- $3,000,000,000
- Escrow deadline
- January 31, 2027
- 2031 notes amount
- $1,500,000,000
- 2031 notes coupon
- 6.500%
- 2034 notes amount
- $1,500,000,000
- 2034 notes coupon
- 6.875%
- 2031 notes maturity
- 2031
- 2034 notes maturity
- 2034
Price after filing
Close on the filing date to close N calendar days later (from $16.56). Historical, not a forecast.
AI analysis
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