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.
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