secwatch.observer — SEC 8-K summary
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Issuer:     Builders FirstSource, Inc. (BLDR)
CIK:        0001316835
Form:       8-K
Filed at:   2023-01-23T23:59:59+00:00
Accession:  0001193125-23-013162
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1316835/000119312523013162/0001193125-23-013162-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1316835/000119312523013162/d433164d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-013162

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