Building Materials Corporation of America $1.1 billion high yield note

Value:

$ 1.1 billion

Status:

Completed

Date:

5/10/2015

The Building Materials Corporation of America (BMCA) has issued $1.1 billion in 6% high yield notes.
The offering was made through Rule 144A, and the notes are due in 2025.
Proceeds from the offering are to be used to refinance existing debt.

Kurt Stumpo - Journalist

United States

High-yield bond/note issue

Capital markets : Debt

United States

Industrials and manufacturing

Cahill Gordon & Reindel

Party: Deutsche Bank (Joint bookrunner)

Party: Bank of America Merrill Lynch (Joint bookrunner)

Party: Citigroup (Joint bookrunner)

Party: JP Morgan (Joint bookrunner)

Party: Wells Fargo Bank (Joint bookrunner)

Lawyer: John Tripodoro

Sullivan & Cromwell

Party: Building Materials Corporation of America (Issuer)

Lawyer: Robert Downes

Building Materials Corporation of America $1.1 billion high yield notes issue