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Doman Building Materials Group Ltd. Announces Closing of Additional $170 Million Senior Unsecured Note Offering and Redemption of Its Remaining 5.25% Senior Unsecured Notes Due May 15, 2026
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTIO...
About this update from Doman Building Materials Group Ltd
[{"type":"text","content":"Doman Building Materials Group Ltd. Announces Closing of Additional $170 Million Senior Unsecured Note Offering and Redemption of Its Remaining 5.25% Senior Unsecured Notes Due May 15, 2026\n\n\n\n\n THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.\n \n\n\n VANCOUVER, British Columbia, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Doman Building Materials Group Ltd. (“\n \n Doman\n \n ” or the “\n \n Company\n \n ”) (TSX: DBM) announced today that it has closed its previously announced private placement offering of $170 million aggregate principal amount of 7.50% senior unsecured notes (the “\n \n Notes\n \n ”) due September 17, 2029 (the “\n \n Note Offering\n \n ”). Stifel, CIBC Capital Markets, and TD Securities acted as joint active bookrunners, and National Bank Capital Markets, Raymond James, RBC Capital Markets, Wells Fargo Securities, Canaccord Genuity, and Desjardins Capital Markets acted as joint bookrunners on the Note Offering.\n \n\n The Notes have identical terms, will be fungible (following the expiry of the applicable statutory hold period) with, and are a part of a single series with, the $365 million aggregate principal amount of 7.50% senior unsecured notes due 2029 currently outstanding. The Notes were issued at a price of $1,016.25 per $1,000 principal amount plus the amount of accrued interest on the principal amount from September 17, 2025 to but excluding the date hereof.\n \n\n The Notes were offered for sale in each of the provinces of Canada to “accredited investors” on a private placement basis in accordance with Canadian securities laws. The Notes have not been and will not be qualified for distribution in Canada by a prospectus and were offered and sold in Canada only pursuant to an exemption from the prospectus requirements of Canadian securities laws. In addition, the Notes have not been and will not be registered under the\n \n U.S. Securities Act of 1933\n \n , as amended (the “\n \n U.S. Securities Act\n \n ”), and were sold to certain non-U.S. persons in transactions outside the United States in reliance on Regulation S under the\n \n U.S. Securities Act\n \n . This press release shall not constitute ...