<a href="https://laohu8.com/S/BLDR">Builders FirstSource</a> Secures New $2.2 Billion Revolving Credit Facility, Extends Maturity to 2030 with Bank of America
Builders FirstSource, Inc. has announced a significant amendment to its financing arrangements, enhancing its revolving credit commitments from $1.8 billion to $2.2 billion. This development, effective as of May 20, 2025, replaces the previous revolving facility and extends the maturity date through May 20, 2030. The New Revolving Facility, governed by the amended ABL Credit Agreement, is facilitated by Bank of America, N.A., serving as the administrative and collateral agent. The agreement offers flexible interest options, with loans bearing interest based on either the secured overnight financing rate or the base rate, plus an applicable margin. Additional fees, including commitment and letter of credit fees, remain consistent with the prior agreement. This strategic financial adjustment aims to bolster Builders FirstSource's liquidity and operational flexibility.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Builders FirstSource Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-125069), on May 22, 2025, and is solely responsible for the information contained therein.
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