Builders FirstSource, Inc. increased the revolving facility commitments and extended the maturity date under its existing $900 million revolving credit facility.
In connection with the amended and restated facility, the company increased the total commitment from $900 million to $1.4 billion and extended the maturity date by 26 months to January 2026. The credit facility will be available for working capital needs, general corporate purposes and growth initiatives. Currently there are no borrowings outstanding on the credit facility. Truist Bank will continue to serve as administrative and collateral agent under the facility.
“The increase and extension of this facility provides us with an improved capital base that better represents our larger reach and scale following the recent completion of our merger with BMC Stock Holdings,” said Peter Jackson, CFO of Builders FirstSource.
Headquartered in Dallas, Texas, Builders FirstSource is the largest U.S. supplier of building products, prefabricated components, and value-added services to the professional market segment for new residential construction and repair and remodeling.
