BlueLinx Holdings Inc. Secures New $350 Million Asset-Based Lending Facility with Option for Expansion

Reuters

Aug 29

BlueLinx Holdings Inc. Secures New $350 Million Asset-Based Lending Facility with Option for Expansion

BlueLinx Holdings Inc. $(BXC)$, a prominent U.S. wholesale distributor of building products, has announced the execution of a new financing agreement. The company has secured a five-year, $350 million syndicated secured asset-based revolving credit facility (ABL Facility), with an option to increase total commitments by up to $300 million, contingent upon certain conditions and lender consent. This new facility, which matures on August 27, 2030, replaces the previous $350 million credit facility that expired on August 2, 2026. The Administrative Agent for the facility is Bank of America, N.A., with Citizens Bank N.A. and Truist Securities, Inc. serving as joint lead arrangers and joint book runners. The new ABL Facility, which closed on August 27, 2025, enhances BlueLinx's financial flexibility, complementing its robust cash position and total liquidity of approximately $730 million to support strategic growth initiatives.

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. BlueLinx Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250828531530) on August 28, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Secures New $350 Million Asset-Based Lending Facility with Option for Expansion","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      BlueLinx Holdings Inc. Secures New $350 Million Asset-Based Lending Facility with Option for Expansion\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        BlueLinx Holdings Inc. <a href=\"https://laohu8.com/S/BXC\">$(BXC)$</a>, a prominent U.S. wholesale distributor of building products, has announced the execution of a new financing agreement. The company has secured a five-year, $350 million syndicated secured asset-based revolving credit facility (ABL Facility), with an option to increase total commitments by up to $300 million, contingent upon certain conditions and lender consent. 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Secures New $350 Million Asset-Based Lending Facility with Option for Expansion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-08-29 04:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      BlueLinx Holdings Inc. 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VL \"A\" (USD) ACC"},"translate_title":"BlueLinx Holdings Inc.获得新的3.5亿美元资产贷款便利，并可选择扩张","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BAC":0.9,"BXC":0.9,"TFC":0.9},"content_text":"BlueLinx Holdings Inc. Secures New $350 Million Asset-Based Lending Facility with Option for Expansion\n    \n\n        BlueLinx Holdings Inc. $(BXC)$, a prominent U.S. wholesale distributor of building products, has announced the execution of a new financing agreement. The company has secured a five-year, $350 million syndicated secured asset-based revolving credit facility (ABL Facility), with an option to increase total commitments by up to $300 million, contingent upon certain conditions and lender consent. This new facility, which matures on August 27, 2030, replaces the previous $350 million credit facility that expired on August 2, 2026. The Administrative Agent for the facility is Bank of America, N.A., with Citizens Bank N.A. and Truist Securities, Inc. serving as joint lead arrangers and joint book runners. The new ABL Facility, which closed on August 27, 2025, enhances BlueLinx's financial flexibility, complementing its robust cash position and total liquidity of approximately $730 million to support strategic growth initiatives.\n      \n\nDisclaimer: 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. BlueLinx Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. 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