Edition:
United Kingdom

Installed Building Products Inc (IBP.N)

IBP.N on New York Stock Exchange

49.85USD
16 Aug 2018
Change (% chg)

$0.70 (+1.42%)
Prev Close
$49.15
Open
$49.40
Day's High
$50.75
Day's Low
$49.40
Volume
24,544
Avg. Vol
47,398
52-wk High
$79.10
52-wk Low
$47.50

Latest Key Developments (Source: Significant Developments)

Installed Building Announces Increase In Term Loan B Facility And ABL Revolving Credit Facility
Tuesday, 19 Jun 2018 

June 19 (Reuters) - Installed Building Products Inc ::INSTALLED BUILDING PRODUCTS ANNOUNCES SUCCESSFUL INCREASE IN THE COMMITMENT AND DURATION OF BOTH ITS TERM LOAN B FACILITY AND ABL REVOLVING CREDIT FACILITY.INSTALLED BUILDING PRODUCTS INC - $397.8 MILLION TERM LOAN B FACILITY MATURES ON APRIL 15, 2025.INSTALLED BUILDING PRODUCTS INC - $150.0 MILLION ABL REVOLVING CREDIT FACILITY MATURES ON JUNE 19, 2023.  Full Article

Installed Building Products Announces Acquisition Of Blind Ambitions Llc
Friday, 29 Dec 2017 

Dec 29 (Reuters) - Installed Building Products Inc ::INSTALLED BUILDING PRODUCTS ANNOUNCES THE ACQUISITION OF BLIND AMBITIONS LLC.INSTALLED BUILDING PRODUCTS INC - ‍BLIND AMBITIONS ACQUISITION ADDS $9.4 MILLION OF ANNUAL REVENUE​.INSTALLED BUILDING PRODUCTS INC - ALSO ‍ACQUIRED ALLPRO INSULATION CO​.  Full Article

Installed Building Products Announces Successful Repricing
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Installed Building Products Inc ::INSTALLED BUILDING PRODUCTS INC - ‍COMPANY HAS SUCCESSFULLY REPRICED ITS EXISTING SEVEN-YEAR $299 MILLION TERM LOAN B FACILITY​.INSTALLED BUILDING PRODUCTS INC - ‍ REPRICING WILL BE LEVERAGE NEUTRAL AND ALLOW IBP TO REDUCE ITS ANNUAL INTEREST PAYMENTS BY APPROXIMATELY $1.5 MILLION​.INSTALLED BUILDING PRODUCTS INC - ‍CAPITAL EXPENDITURE COVENANT OF TERM LOAN B FACILITY WAS INCREASED FROM $50 MILLION TO $100 MILLION​.INSTALLED BUILDING PRODUCTS - ‍THE $299 MILLION TERM LOAN B FACILITY MATURES IN 2024, HAS NO FINANCIAL MAINTENANCE COVENANTS​.  Full Article

Installed Building Products announces plans to reprice its existing term loan B facility
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Installed Building Products Inc ::Announces plans to reprice its existing term loan B facility.Company is seeking to reprice its existing seven-year $300 million term loan B facility​.Objectives of repricing are to reduce borrowing costs under existing facility and make other changes to existing agreement​.  Full Article

Installed Building Products says Q3 earnings per share $0.38
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Installed Building Products Inc -:Installed Building Products reports record results for third quarter 2017.Q3 adjusted earnings per share $0.57.Q3 earnings per share $0.38.Q3 revenue $295.2 million versus I/B/E/S view $292.8 million.Q3 earnings per share view $0.62 -- Thomson Reuters I/B/E/S.  Full Article

Installed Building announces acquisition of A+ Insulation
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Installed Building Products Inc : :Installed Building Products announces the acquisition of A+ Insulation, LLC.  Full Article