DALLAS, May 30, 2013 (GLOBE NEWSWIRE) -- Builders FirstSource, Inc. (Nasdaq:BLDR) , a leading supplier and manufacturer of structural and related building products for residential new construction in the United States, today announced the successful completion of its previously announced private offering of $350 million aggregate principal amount of 7.625% Senior Secured Notes due 2021. In conjunction with the offering, the company also entered into a new 5-year $175 million revolving credit facility (the "Facility") provided by a syndicate of seven financial institutions arranged by SunTrust Robinson Humphrey, Inc. At closing, the company's borrowing availability under the Facility was approximately $162.3 million, after reducing for $12.7 million of outstanding letters of credit ("LC's").
Builders FirstSource Completes $350 Million Senior Secured Notes Offering And New $175 Million Revolving Credit Facility
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