---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-013162"
form_type: "8-K"
ticker: "BLDR"
cik: "0001316835"
company_name: "Builders FirstSource, Inc."
filed_at: "2023-01-23T23:59:59+00:00"
generated_at: "2026-06-20T11:34:44.237077+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Builders FirstSource extends $1.62B ABL revolver to Jan 2028, reduces margins

## Summary
- Extended $1.62B (90%) of $1.8B ABL revolver to Jan 17, 2028; remaining $180M matures Dec 17, 2026.
- Applicable margin for SOFR loans on extended revolver cut to 1.60%/1.35%/1.10% based on availability.
- Base rate margin on extended tranche lowered to 0.50%/0.25%/0.00%; commitment fees tiered by utilization.
- Extending lenders received a consent fee of 0.05% of their existing commitments.

## SEC filing metadata
- accession: 0001193125-23-013162
- form_type: 8-K
- ticker: BLDR
- cik: 0001316835
- company_name: Builders FirstSource, Inc.
- filed_at: 2023-01-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1316835/000119312523013162/0001193125-23-013162-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1316835/000119312523013162/d433164d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-013162
- JSON: https://secwatch.observer/filing/0001193125-23-013162.json
- Plain text: https://secwatch.observer/filing/0001193125-23-013162.txt

## Key facts
- Debt Financings
  Builders FirstSource, Inc. amended revolving credit of up to $1,620.0 million with Truist Bank at SOFR plus 1.60%, 1.35% or 1.10% maturing January 17, 2028.
  - Instrument: revolving credit
  - Principal: up to $1,620.0 million
  - Counterparty: Truist Bank
  - Rate: SOFR plus 1.60%, 1.35% or 1.10%
  - Maturity: January 17, 2028
  - Event: amendment
  source text: The New ABL Credit Agreement provides for, subject to availability under the borrowing base thereunder, (x) revolving credit financings of up to $1,620.0 million with a maturity date of January 17, 2028 (the “Extended ABL Revolver”) and (y) revolving credit financings of up to $180.0 million with a maturity date of December 17, 2026 (the “Non-Extended ABL Revolver”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1316835/000119312523013162/0001193125-23-013162-index.htm
- Material Agreements
  Builders FirstSource, Inc. amended Amendment No. 6 to Credit Agreement with Truist Bank and the lenders and financial institutions party thereto (effective 2023-01-17).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Truist Bank and the lenders and financial institutions party thereto
  - Effective: 2023-01-17
  source text: On January 17, 2023, Builders FirstSource, Inc. (the “Company”) extended the maturity date of a portion of the existing $1,800.0 million revolving facility (the “Previous Revolving Facility”) with Truist Bank (as successor by merger to SunTrust Bank), as administrative agent and collateral agent, and the lenders and financial institutions party thereto, pursuant to an amendment to the amended and restated ABL credit agreement governing the Previous Revolving Facility (as amended, the “New ABL Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1316835/000119312523013162/0001193125-23-013162-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.