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DOMAN BUILDING MATERIALS GROUP LTD. ANNOUNCES OFFERING AND PRICING OF $265 MILLION SENIOR NOTES

Newswire.ca - Thu Sep 12, 7:25AM CDT

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VANCOUVER, BC, Sept. 12, 2024 /CNW/ - Doman Building Materials Group Ltd. ("Doman" or "the Company") (TSX: DBM) announced today that it has entered into an underwriting agreement with a syndicate of underwriters consisting of Stifel as lead bookrunner, RBC Capital Markets and CIBC Capital Markets as joint bookrunners, and TD Securities and National Bank Financial Markets as co-managers, to sell $265 million aggregate principal amount of 7.50% Senior Unsecured Notes due 2029 (the "2029 Notes").  The 2029 Notes will be senior unsecured obligations of Doman maturing September 17, 2029, and ranking equally with all other present and future senior unsecured indebtedness of the Company.

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