Builders FirstSource increases note offering

Builders FirstSource, the nation’s largest pro dealer, has increased its note offering by $200 million to $1 billion.

The Dallas, Texas-based company said that it will use the net proceeds from the offering to repay a portion of the debt under its senior secured ABL facility and to pay related transaction fees and expenses. The remaining net proceeds from the offering will be used for general corporate purposes, Builders FirstSource said.

Consummation of the offering of the Notes is subject to market and other conditions, and there can be no assurance that the Builders FirstSource will be able to successfully complete the transactions on the terms described, the company said.

The Notes will not be registered under the Securities Act of 1933, as amended, or any state securities law and may not be offered or sold within the United States or to or for the account of any U.S. person, except pursuant to an exemption from the registration requirements.

Builders FirstSource operates about 550 locations in 40 states.