TopBuild (BLD) announced the extension and upsizing of its existing senior secured credit facilities. The new $2.25 billion facilities include a $1.0 billion term loan, a $1.0 billion revolving credit facility and a $250.0 million delayed draw term loan, each maturing in May 2030. The amended credit facilities will bear interest at the Secured Overnight Financing Rate plus 1.25% per annum.
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