McDermott Guides ABC Supply in Placing Upsized Bonds for Debt Refinancing

Présentation


International law firm McDermott Will & Emery represented American Builders & Contractors Supply Co. Inc. (ABC Supply), a roofing product distribution company, in placing $400 million of 3.875% senior notes due 2029. Proceeds of the notes and the cash on hand will fund a tender offer for the company’s outstanding $600 million of 5.875% senior notes due 2026, to pay the tender premium, and to pay related fees and expenses.

  • The deal closed on May 13, 2021.
  • BNP Paribas led the offering, which was upsized from $350 million.

Read ABC Supply’s announcement here.

A Propos De Nous


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