Financing ·
Installed Building Products closes $250M incremental term loan, bringing total debt to ~$737.5M
IBPInstalled Building Products, Inc.
Installed Building Products closed a $250 million incremental increase to its existing Term Loan B facility on October 27, 2026. The new loans mature on March 28, 2031 and bear interest at SOFR plus 1.75% or an alternative base rate plus 0.75%. This addition brings the aggregate principal amount of outstanding term loans to approximately $737.5 million. Net proceeds are designated for general corporate purposes and fee payments. Installed Building Products is one of the nation's largest installers of insulation and complementary building products for residential and commercial projects.