Doman Building Materials Group Ltd. Announces Closing of Additional $170 Million Senior Unsecured Note Offering and Redemption of Its Remaining 5.25% Senior Unsecured Notes Due May 15, 2026

Core Viewpoint - Doman Building Materials Group Ltd. has successfully closed a private placement offering of $170 million in senior unsecured notes, which will be used to redeem existing notes due in 2026 [1][4]. Group 1: Note Offering Details - The company issued $170 million aggregate principal amount of 7.50% senior unsecured notes due September 17, 2029 [1]. - The notes were issued at a price of $1,016.25 per $1,000 principal amount, plus accrued interest from September 17, 2025 [2]. - The notes will be fungible with an existing series of $365 million aggregate principal amount of 7.50% senior unsecured notes due 2029 [2]. Group 2: Use of Proceeds - Doman plans to use approximately $167 million of the net proceeds, along with additional funds from its syndicated credit facility, to redeem all outstanding 5.25% senior unsecured notes due May 15, 2026 [4]. - The total outstanding amount of the 2026 Notes is $272,163,000 as of the date of the announcement [4]. Group 3: Company Overview - Doman Building Materials Group Ltd. is headquartered in Vancouver, British Columbia, and trades on the Toronto Stock Exchange under the symbol DBM [5]. - The company is Canada's only fully integrated national distributor in the building materials sector, operating multiple divisions and distribution centers across Canada and the United States [5][6].