debt
confidence high
sentiment neutral
materiality 0.50
Builders FirstSource, Inc. (BLDR): debt financing — Builders FirstSource issues $750M 6.75% senior notes due 2035, upsized by $250M
Builders FirstSource, Inc.
- $750M aggregate principal at 100% issue price; coupon 6.75%, maturity May 15, 2035.
- Offering was upsized by $250M from prior announced $500M.
- Net proceeds used to repay borrowings under the senior secured ABL facility.
- Notes are unsecured senior obligations, guaranteed by certain subsidiaries.
- Closing occurred May 8, 2025, with interest payable semi-annually starting Nov 15, 2025.