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Many Wall Street firms have pledged $6 billion to support QXO's acquisition of TopBuild
On April 24, it was reported that a company document showed that multiple companies on Wall Street had pledged to provide $6 billion in debt financing to support the acquisition of TopBuild, an insulation materials and related building products company, by U.S. building products distributor QXO. The report said that, according to a filing submitted on April 18, Morgan Stanley, Wells Fargo, and Barclays Bank served as joint lead arrangers and joint bookrunners. (Interface)