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Stock impact report

Builders FirstSource, Inc. Announces Termination of its Exchange Offer for its Senior Secured Notes due 2024

Builders FirstSource, Inc. (BLDR) 
Last builders firstsource, inc. earnings: 4/30 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.bldr.com
Company Research Source: GlobeNewswire
DALLAS, March 19, 2019 (GLOBE NEWSWIRE) -- Builders FirstSource, Inc. (the “Company”) (Nasdaq: BLDR) today announced that it has terminated its offer to exchange up to $400 million aggregate principal amount of its 5.625% Senior Secured Notes due 2024 (the "Old Notes") for newly issued 6.625% Senior Secured Notes due 2027 (the “New Notes”), upon the terms and conditions set forth in the Confidential Offering Circular dated March 5, 2019 (the "Exchange Offer"). The Exchange Offer was terminated following the early tender time and ahead of its scheduled expiration time because the Company has not met and does not expect to meet the minimum issuance condition of $200 million aggregate principal amount of New Notes. As a result of the termination, all of the Old Notes previously tendered will be promptly returned to the eligible holders thereof (or, in the case of Old Notes tendered by book-entry-transfer, will be credited to the account maintained at The Depository Trust Company from Show less Read more
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