
Installed Building Products Inc, founded in 1977 and headquartered in Columbus, Ohio, is a leading installer of insulation and complementary building products. The company specializes in providing a wide range of services, including residential and commercial insulation, as well as other related products, contributing to energy efficiency and overall building performance.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
IBP 5.75% 2028-02-01 USDInstalled Building Products Inc | United States | 2028-02-01 | 5.750 | 5.72 |
IBP 5.75% 2028-02-01 USDInstalled Building Products Inc | United States | 2028-02-01 | 5.750 | 5.79 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Installed Building Products has engaged in various bond issuances to finance its growth, with its inaugural bond issue recorded in 2017 as part of its capital structure optimization strategy. Notably, the company issued $200 million in senior notes in 2020, which were met with strong demand reflected in favorable yield spreads compared to industry standards. Recent yield metrics show competitive interest rates, thanks to the firm’s robust financial performance and growth trajectory. The bonds are backed by the company’s solid operational cash flows, making them an attractive option for fixed-income investors.