📰 QXO Kicks Off $3 Billion Loan Sale in M&A Debt Deal for TopBuild
🗓️ Jun 01 2026 12:24 UTC - Jeannine Amodeo and Gowri Gurumurthy
➤ QXO is initiating a $3 billion leveraged loan sale as part of a larger debt package to finance its $17 billion acquisition of TopBuild Corp.
➤ The debt package includes a $3 billion senior secured term loan facility and a $3 billion bridge loan, with pricing discussions around 2.25% above the benchmark rate.
➤ A junk-bond offering may follow to replace the bridge facility, with the remainder of the acquisition funded by cash, preferred equity, and common stock.
#qxo #topbuild #leveragedloan #debtfinancing #mergerandacquisition #wellsfargo #morganstanley #barclays #buildingproducts #junkbond
🔗 Read more at: https://rwatimes.io/articles/bloomberg-qxo-kicks-off-3-billion-loan-sale-in-m-amp-a-debt-deal-for-top-build-3397803062
/ RWATimes
npub1r6…jxrkh
2026-06-01 16:20:20 UTC
Author Public Key
npub1r6s7yz2fjd70eke5uttfx0emeu6ce9neszmczlfy2wwwdaftvw2sejxrkhPublished at
2026-06-01 16:20:20 UTCEvent JSON
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"content": "📰 QXO Kicks Off $3 Billion Loan Sale in M\u0026amp;A Debt Deal for TopBuild\n🗓️ Jun 01 2026 12:24 UTC - Jeannine Amodeo and Gowri Gurumurthy\n\n➤ QXO is initiating a $3 billion leveraged loan sale as part of a larger debt package to finance its $17 billion acquisition of TopBuild Corp.\n➤ The debt package includes a $3 billion senior secured term loan facility and a $3 billion bridge loan, with pricing discussions around 2.25% above the benchmark rate.\n➤ A junk-bond offering may follow to replace the bridge facility, with the remainder of the acquisition funded by cash, preferred equity, and common stock.\n\n#qxo #topbuild #leveragedloan #debtfinancing #mergerandacquisition #wellsfargo #morganstanley #barclays #buildingproducts #junkbond\n\n🔗 Read more at: https://rwatimes.io/articles/bloomberg-qxo-kicks-off-3-billion-loan-sale-in-m-amp-a-debt-deal-for-top-build-3397803062",
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