QXO proposes $3B senior notes offering to fund TopBuild acquisition

QXO, Inc.

Offering $1.5B in 2031 Senior Notes and $1.5B in 2034 Senior Notes by QXO Building Products, Inc.
Proceeds will fund the TopBuild Corp. acquisition; if not closed, funds held in secured escrow.
Notes will be unsecured after acquisition with guarantees from restricted subsidiaries.
Issuance subject to market conditions and TopBuild Acquisition closing conditions, including shareholder approvals.

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