financetom
Business
financetom
/
Business
/
TopBuild Increases Borrowing Capacity to $2.25 Billion, Extends Maturities
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
TopBuild Increases Borrowing Capacity to $2.25 Billion, Extends Maturities
May 26, 2025 10:11 AM

08:05 AM EDT, 05/19/2025 (MT Newswires) -- TopBuild ( BLD ) said Monday that it increased its borrowing capacity to $2.25 billion and extended the maturities of its existing senior secured credit facilities to May 2030.

The facilities include a $1 billion term loan, a $1 billion revolving credit facility and a $250 million delayed draw term loan, the company said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
What's Going On With ACELYRIN Shares Friday?
What's Going On With ACELYRIN Shares Friday?
Jan 3, 2025
ACELYRIN, Inc. ( SLRN ) shares are moving higher on Friday after the company announced that it will reveal Phase 2 data for Subcutaneous Lonigutamab further supporting its potential for a best-in-class efficacy and safety profile in Thyroid Eye Disease. The Details: ACELYRIN ( SLRN ) will reveal this data during a virtual investor event on Monday, Jan. 6 at...
National Bank on Docebo CFO Departure
National Bank on Docebo CFO Departure
Jan 3, 2025
01:54 PM EST, 01/03/2025 (MT Newswires) -- Docebo's ( DCBO ) current Chief Financial Officer Sukaran Mehta will be leaving the company to take on a leadership role at another company effective Feb. 28. Current SVP of Finance, Brandon Farber, will serve as interim CFO while Docebo ( DCBO ) launches a search for a permanent successor. In the same...
Dick's Sporting Goods Reaches Settlement With Convergent Assets Over Patent Infringement
Dick's Sporting Goods Reaches Settlement With Convergent Assets Over Patent Infringement
Jan 3, 2025
01:51 PM EST, 01/03/2025 (MT Newswires) -- Dick's Sporting Goods (DKS) has reached a settlement agreement with Convergent Assets, which filed a lawsuit alleging patent infringement due to the use of a technology to generate social media-based advertising, according to a Thursday court filing. The companies filed a notice of settlement in federal court in Texas, with the court granting...
Lion Electric Temporarily Cuts 150 Jobs
Lion Electric Temporarily Cuts 150 Jobs
Jan 3, 2025
01:51 PM EST, 01/03/2025 (MT Newswires) -- Lion Electric ( LEVGQ ) shares dropped 25% in recent trading Friday after it said it is temporarily laying off about 150 employees in Canada and the US. The electric vehicle manufacturer said that after the workforce reduction, it will have about 160 employees, who will focus primarily on helping customers maintain and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved