Banks Launch $3B Loan for QXO's $17B TopBuild Acquisition
Tom Rudovsky · Reported by Wiseek News
More coverage: Engineering & Construction Stocks · Industrial
Sentiment
Neutral
Importance
7
Price
$412.19
Mkt Cap
$11.6B
52W Low
$273.87
52W High
$559.468
52W Position
51% above low
Off High
26% below high
Rel. Volume
1.1× avg
Market data snapshot near publication time
BLD sits 51% above its 52-week low of $273.87.
Summary
Banks have launched a $3.0 billion leveraged loan to help fund QXO's previously announced $17 billion acquisition of TopBuild. This financing development is a material step towards the completion of the merger, which is set for a TopBuild shareholder vote on June 29, 2026. The deal offers TopBuild shareholders $505 cash or 20.2 QXO shares per BLD share.
At the time of this announcement, BLD was trading at $412.19 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $11.6B. The 52-week trading range was $273.87 to $559.47. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Wiseek News.
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BLD - Latest Insights
BLD
Jul 01, 2026, 4:16 PM EDT
Price at Filing:
$354.50
Real-time Price:
$354.50
Change:
$0 (0%)
Market Cap:
$9.936B
BLD
Jun 30, 2026, 8:39 AM EDT
Price at Filing:
$380.39
Real-time Price:
$354.50
Change:
-$25.89 (-7%)
Market Cap:
$9.936B
BLD
Jun 29, 2026, 4:50 PM EDT
Price at Filing:
$359.50
Real-time Price:
$354.50
Change:
-$5.00 (-1%)
Market Cap:
$9.936B
BLD
Jun 22, 2026, 7:13 AM EDT
Price at Filing:
$428.50
Real-time Price:
$354.50
Change:
-$74.00 (-17%)
Market Cap:
$9.936B
BLD
Jun 22, 2026, 7:10 AM EDT
Price at Filing:
$428.50
Real-time Price:
$354.50
Change:
-$74.00 (-17%)
Market Cap:
$9.936B