QXO launches cash tender offers for TopBuild’s US$1.25 billion senior notes due 2032 and 2034

QXO, Inc.
TopBuild Corp.

QXO, Inc.

QXO

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TopBuild Corp.

BLD

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  • QXO launched cash tender offers for any and all of TopBuild’s 4.125% Senior Notes due 2032, US$ 500 million outstanding, and 5.625% Senior Notes due 2034, US$ 750 million.
  • Offer price set at US$ 961.25 per US$ 1,000 principal, rising to US$ 1,011.25 with a US$ 50 early tender payment.
  • Early tender deadline set for June 11, 2026; offer expires June 29, 2026; accepted holders also receive accrued interest.
  • Transaction paired with consent solicitations to strip covenants and remove change-of-control offer requirements, subject to majority holder approval.
  • Completion conditioned on substantially concurrent closing of QXO’s pending acquisition of TopBuild.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. QXO Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260529680975) on May 29, 2026, and is solely responsible for the information contained therein.

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