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Doman Building Materials Group Ltd. Enters Underwriting Agreement for $100 Million Senior Notes Offering Due 2029
Dec 04, 2024•over 1 year ago
Contract Type
agreement
VancouverBuilding MaterialWholesale
Description
Doman Building Materials Group Ltd. has announced an underwriting agreement with a syndicate of underwriters to sell an additional $100 million aggregate principal amount of its 7.50% Senior Unsecured Notes due 2029. The net proceeds from the issuance will be approximately $98.25 million, which will be used to reduce amounts outstanding under its syndicated credit facility.
Company Information
Company
Doman Building Materials Group
Location
Vancouver, British Columbia, Canada
About
Doman Building Materials Group Ltd. is Canada’s only fully integrated national distributor in the building materials and related products sector, operating multiple treating plants, planing and specialty facilities, and distribution centers coast-to-coast in all major cities across Canada and select locations across the United States. As a publicly traded company, Doman Building Materials Group Ltd. is focused on strategic growth and expansion in the building materials industry.
VancouverBuilding MaterialWholesale