Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
QXO, Inc. incurred senior notes of $2.25 billion aggregate principal amount with Wilmington Trust, National Association at 6.75% maturing April 30, 2032.
- Instrument
- senior notes
- Principal
- $2.25 billion aggregate principal amount
- Counterparty
- Wilmington Trust, National Association
- Rate
- 6.75%
- Maturity
- April 30, 2032
- Event
- incurrence
Exact text from the filing
On April 29, 2025, Merger Sub (the " Issuer ") completed its previously announced offering of $2.25 billion aggregate principal amount of 6.75% Senior Secured Notes due 2032 (the " Notes ").
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Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
QXO, Inc. incurred term loan of $2.25 billion with Goldman Sachs Bank USA at Term SOFR or base rate plus applicable margin maturing April 30, 2032.
- Instrument
- term loan
- Principal
- $2.25 billion
- Counterparty
- Goldman Sachs Bank USA
- Rate
- Term SOFR or base rate plus applicable margin
- Maturity
- April 30, 2032
- Event
- incurrence
Exact text from the filing
The Borrower borrowed the entire $2.25 billion and used the borrowings under the Term Loan Facility
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M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
QXO, Inc. completed an acquisition involving Beacon for $124.35 per share in cash (closed 2025-04-29).
- Action
- acquisition
- Counterparty
- Beacon
- Consideration
- $124.35 per share in cash
- Closing
- 2025-04-29
Exact text from the filing
commenced on January 27, 2025 and contemplated a purchase of all of the outstanding shares of common stock, par value $0.01 per share, of Beacon (the “ Shares ”) at a price of $124.25 per share (such offer, as amended prior to the execution of the Merger Agreement, the “ January Offer ”), to increase the purchase price of the Shares to $124.35 per share (such
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