TopBuild Announces Pricing of its Senior Notes Offering

Core Viewpoint - TopBuild Corp. has announced a private offering of $750 million in senior notes due 2034 with an interest rate of 5.625%, intended for general corporate purposes, including potential acquisitions [1][2]. Group 1: Offering Details - The offering is expected to close on September 25, 2025, subject to customary closing conditions [2]. - 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 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]. Group 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].