IBP Amends Credit Agreement, Borrows Additional $250 Million in Term Loans

Installed Building Products, Inc. (IBP) has entered into an amendment to its existing Term Loan Credit Agreement to secure an additional $250 million in incremental term loans. This transaction increases the total aggregate principal amount of term loans outstanding under the agreement to approximately $737.5 million.

Key Details

• Incremental Financing: The company secured $250 million in new term loans through Amendment No. 5 to its Term Loan Credit Agreement, which was funded on October 27, 2026.
• Total Debt: The new financing increases the aggregate principal amount of term loans outstanding to approximately $737.5 million.
• Loan Terms: The new loans are an increase to the company's existing Tranche B-3 Term Loans, have identical terms, and form a single class. The term loans mature on March 28, 2031.