Doman Building Materials Group (TSE:DBM) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Doman Building Materials Group Ltd. successfully closed a private placement offering of $265 million in senior unsecured notes to refinance debt and repurchase some of its 2026 Senior Notes. The funds obtained are aimed at reducing the company’s existing credit facility balances and enhancing its financial structure. The notes, not available via a public prospectus, were distributed exclusively to accredited investors in Canada and certain non-U.S. persons.
For further insights into TSE:DBM stock, check out TipRanks’ Stock Analysis page.