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Stock impact report

Builders FirstSource Prices Offering of $1 Billion of Senior Notes Due 2032

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, July 21, 2021 (GLOBE NEWSWIRE) -- Builders FirstSource, Inc. (NYSE: BLDR) (“Builders FirstSource” or the "Company") today announced that it has priced an offering of $1 billion aggregate principal amount of unsecured 4.250% Senior Notes due 2032 (the "Notes"), which represents a $200 million increase in the previously announced size of the offering. The price to investors will be 100.000% of the principal amount of the Notes. The Company intends to use the net proceeds from the offering to repay a portion of the indebtedness outstanding under its senior secured ABL facility and to pay related transaction fees and expenses, with any remaining net proceeds to be used for general corporate purposes. Consummation of the offering of the Notes is subject to market and other conditions, and there can be no assurance that the Company will be able to successfully complete these transactions on the terms described above, or at all. The Notes will not be registered under the Securit Show less Read more
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