TopBuild Announces Senior Notes Offering

Core Viewpoint - TopBuild Corp. announced a private offering of $750 million in senior notes due 2034 to qualified institutional buyers and certain non-U.S. persons, intending to use the proceeds for general corporate purposes, including potential acquisitions [1][2]. Company Overview - TopBuild Corp. is a leading installer of insulation and commercial roofing, as well as a specialty distributor of insulation and related building materials in the U.S. and Canada [4]. - The company operates over 200 branches nationwide for insulation and commercial roofing installation services and has more than 150 branches for its Specialty Distribution business [4]. Offering Details - The notes will be guaranteed on an unsecured senior basis by TopBuild's wholly owned domestic subsidiaries that are borrowers or guarantors under the company's credit agreement [2]. - The offering is subject to market conditions, and there is no assurance regarding its completion or terms [2]. - The notes will not be registered under the Securities Act or any state securities laws, and cannot be offered or sold in the U.S. without registration or an applicable exemption [3].