Foundation Building Materials Inc. was founded in 2011 and is headquartered in Santa Ana, California, aiming to serve the construction and building materials industry with high-quality products. The company specializes in distributing drywall, ceilings, insulation, and other key construction supplies to a diverse range of clientele including contractors, builders, and commercial projects.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| FBM 6.00% 2029-03-01 USDFoundation Building Materials Inc | United States | 2029-03-01 | 6.000 | 5.52 |
| FBM 6.00% 2029-03-01 USDFoundation Building Materials Inc | United States | 2029-03-01 | 6.000 | 5.55 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Foundation Building Materials has actively engaged in bond issuances to support its growth strategy. The company initiated its first bond offering in 2016, effectively raising capital for strategic expansions and acquisitions. Notably, their 2021 bond issuance consisted of $300 million in senior unsecured notes that showcased a 6.25% yield, positioned above the industry average at the time. Recent reports indicate a stable performance of these bonds amid market fluctuations, making them a noteworthy alternative for investors seeking exposure in the building materials sector.