Installed Building Products Plans $250 Million Add-On to Term Loan B
MT newswire2026/10/19 18:22Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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02:22 PM EDT, 10/19/2026 (MT Newswires) -- Installed Building Products (IBP) plans to increase its $500 million outstanding term loan B by $250 million. Net proceeds from the add-on will be used for general corporate purposes and to pay associated fees, the company said Monday in a statement. The add-on is expected to have the same terms as the existing term loan B and remains subject to market and other conditions, the company said. Price: 182.44, Change: -3.34, Percent Change: -1.80
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