Boise Cascade enters $450M credit facility, replaces $400M revolver and $50M term loan

BOISE CASCADE Co

Entered $450M revolving credit facility (includes $45M swingline, $75M LC subfacility) maturing April 14, 2030.
Terminated prior $400M revolver and $50M term loan; $50M drawn at closing to repay term loan.
Interest based on SOFR plus spread tied to net leverage ratio; secured by substantially all assets.
Credit agreement contains typical covenants and events of default; lien release if investment grade rating obtained.

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