The notes are due 2029

Davis Polk advised the representative of the initial purchasers in a Rule 144A / Regulation S offering by Specialty Building Products Holdings, LLC and SBP Finance Corp. of $510 million aggregate principal amount of its 7.750% senior secured notes due 2029.

Specialty Building Products, a portfolio company of TJC, is a leading distributor of specialty building products in North America, operating from 49 locations serving 41 states in the United States and all provinces in Canada. Specialty Building Products is a critical link in the value chain between manufacturers of specialty products and its customers, providing key logistic solutions to bring a wide range of specialty building products to the residential repair and remodel and new construction marketplaces.

The Davis Polk capital markets team included partner Michael Kaplan, counsel Chris Van Buren and associates Dennis Chu and Sierra M. Acosta. The finance team included partners Kenneth J. Steinberg and Christopher Nairn-Kim and associates Matthew J. Wiener, Ahmad Raja and Catrell D. Jewel. The tax team included partner Michael Mollerus. All members of the Davis Polk team are based in the New York office.

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