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BFS launches $75 million note offering

Proceeds will be used to pay down prior notes due 2024 and fees.

BY HBSDealer Staff

Builders FirstSource, the Dallas, Texas-based pro dealer, has launched an offering of $75 million aggregate principal amount of 6.75% senior secured notes due 2027.

The notes will form part of the same series as the $400 million of 6.75% Senior Secured Notes due 2027 issued on May 30.

Proceeds from the offering will be used to redeem $75 million aggregate principal amount of its outstanding 5.625% Senior Secured Notes due 2024 and pay related transaction fees and expenses, the company said. 

The publicly traded company operates about 400 locations in 40 states and offers building solutions, manufacturing and installation in addition to building materials.

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