Installed Building Products Announces Plans to Reprice and Extend Its Term Loan B Facility
The terms will be disclosed upon the completion of the transaction, which is expected to be announced in the next several weeks. This proposed refinancing is subject to market and other conditions, and there can be no assurance that it will be completed.
The lender’s presentation will be posted on
This press release contains forward-looking statements within the
meaning of the federal securities laws, including with respect to the
timing, terms and completion of the potential refinancing, housing
market, our financial and business model, our ability to increase
selling prices, our stock repurchase program, the demand for our
services and product offerings, expansion of our national footprint and
diversification, our ability to capitalize on the new home and
commercial construction recovery, our ability to strengthen our market
position, our ability to pursue and integrate value-enhancing
acquisitions, our ability to improve sales and profitability, and
expectations for demand for our services and our earnings in 2018.
Forward-looking statements may generally be identified by the use of
words such as "anticipate," "believe," "expect," "intends," "plan," and
"will" or, in each case, their negative, or other variations or
comparable terminology. These forward-looking statements include all
matters that are not historical facts. By their nature, forward-looking
statements involve risks and uncertainties because they relate to events
and depend on circumstances that may or may not occur in the future. Any
forward-looking statements that we make herein and in any future reports
and statements are not guarantees of future performance, and actual
results may differ materially from those expressed in or suggested by
such forward-looking statements as a result of various factors,
including, without limitation, the factors discussed in the “Risk
Factors” section of the Company’s Annual Report on Form 10-K for the
Installed Building Products, Inc.
Investor Relations, 614-221-9944
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