Business

QXO Announces Launch of Term Loan Refinancing

GREENWICH, Conn., October 28, 2025--QXO, Inc. ("QXO" or the "Company") (NYSE: QXO) today launched a refinancing of its Term Loan B. The refinancing is subject to market and other conditions, and no assurances are made that the Company will consummate the refinancing on the terms contemplated, or at all.

articleQxo, Inc.October 28, 20255/company/qxo-inc/news/qxo-announces-launch-of-term-loan-refinancing
QXO Announces Launch of Term Loan Refinancing

About this update from Qxo, Inc.

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":2435,"height":931,"url":"https://media.zenfs.com/en/business-wire.com/9253cc1ac4eab885e90b82a056f995a9"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/dOODNgFGASDr7m5XG5eu.g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTM2NztjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/9253cc1ac4eab885e90b82a056f995a9","width":960,"height":367},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/Qruc_qePZTnuwFp9_WPFLg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD05MTg7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/9253cc1ac4eab885e90b82a056f995a9","width":1200,"height":459}},"lazy":false},{"type":"text","content":"GREENWICH, Conn., October 28, 2025--(BUSINESS WIRE)--QXO, Inc. ("QXO" or the "Company") (NYSE: QXO) today launched a refinancing of its Term Loan B. The refinancing is subject to market and other conditions, and no assurances are made that the Company will consummate the refinancing on the terms contemplated, or at all.","length":341,"tagName":"p"},{"type":"text","content":"In connection with the refinancing, the Company provided to potential lenders the following summarized preliminary financial information. The Company expects to file its quarterly report on Form 10-Q for the quarter ended September 30, 2025 on November 6, 2025.","length":261,"tagName":"p"},{"type":"text","content":"THIRD QUARTER 2025 SUMMARY PRELIMINARY RESULTS","length":46,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net sales of $2.73 billion","length":26,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"GAAP net loss of $139 million","length":29,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted Net Income attributable to common stockholders of $121 million","length":71,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBITDA of $302 million","length":31,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted Diluted EPS of $0.14","length":29,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Cash and cash equivalents of $2.3 billion","length":41,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Debt of $3.1 billion (excluding finance lease obligations)","length":58,"tagName":"p...

More updates from Qxo, Inc.

The CompanyQXOPRELIMINARY RESULTSFinancial MeasuresCompany