Installed Building to pay down term loan B debt with notes proceeds

By Sara Rosenberg

New York, Sept. 11 – Installed Building Products Inc. plans to repay some borrowings under its term loan B using proceeds from a $300 million senior notes offering, according to a news release.

Remaining funds from the notes offering will be used for general corporate purposes.

Installed Building Products is a Columbus, Ohio-based installer of insulation products and complementary building products.

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