Doman Building Materials Issues $100 Million Senior Notes

Doman Building Materials Group (TSE:DBM) has released an update.

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Doman Building Materials Group is set to offer an additional $100 million in senior unsecured notes due 2029, with the proceeds aimed at reducing its credit facility liabilities. These notes, with a yield to maturity of 7.119%, will bolster the company’s financial flexibility for future acquisitions and operational needs.

For further insights into TSE:DBM stock, check out TipRanks’ Stock Analysis page.

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