Beacon Roofing Supply $2.27 billion financing

Overview:

• Beacon Roofing Supply has received $2.27 billion in financing.
• The financing, which will be used for the acquisition of Allied Building Products, consisted of both secured and unsecured debt.
• Citi and Wells Fargo acted as joint lead arrangers.
• Beacon Roofing Supply is a distributor of roofing and complementary building products in North America.
• Allied Building Products is an exterior and interior building products distributor and is one of the largest in the United States.

 Katrin Kostadinova - Data analyst