Worthington Steel Inc. raised $1.4 billion in the leveraged-finance market Thursday to help fund its acquisition of German metals company KlΓΆeckner & Co SE.
Worthington Steel Inc. raised $1.4 billion in the leveraged-finance market Thursday to help fund its acquisition of German metals company KlΓΆeckner & Co SE.
The Worthington Steel logo is arranged on a smartphone screen in Canada on Dec. 17, 2025. Photographer: Thomas Fuller/SOPA Images/LightRocket/Getty Images
QXO Building Products Inc. saw terms improve on a $6 billion financing package to fund its purchase of rival TopBuild Corp., which attracted more than three times the amount of demand from investors.
QXO Building Products Inc. saw terms improve on a $6 billion financing package to fund its purchase of rival TopBuild Corp., which attracted more than three times the amount of demand from investors.
A residential building under construction in Montreal, Quebec, Canada, on Wednesday, May 31, 2023. Canada's population is swelling, more than a million newcomers arrived last year, bringing attention once again to a shortage of housing stock and prompting some buyers to make aggressive bids. Photographer: Graham Hughes/Bloomberg