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BlueLinx Amends Credit Facilities With Wells Fargo, Others

Date: Nov 04, 2016 @ 07:18 AM
Filed Under: Distribution

BlueLinx Holdings Inc., a leading distributor of building and industrial products in North America, announced an extension of the maturity of its revolving credit agreement with a syndicate of banks led by Wells Fargo Bank, National Association. Under the agreement, the $335 million U.S. asset-based revolving credit facility and the $16 million Tranche A loan component of the revolving credit facility are extended until July 15, 2018.

“The extension of our existing loan demonstrates the continued support of our banking partners and enables us to remain focused on our strategic initiatives in the months ahead,” said Mitch Lewis, President and Chief Executive Officer.

Susan O’Farrell, Senior Vice President and Chief Financial Officer added, “We are pleased with the successful extension of our loan facility and are looking forward to sharing our third quarter results.”

BlueLinx plans to discuss this amendment and to announce third quarter 2016 earnings results on Thursday, November 10, 2016, at 10am EST.  Investors can listen to the conference call and view the accompanying slide presentation by going to the BlueLinx web site, www.BlueLinxCo.com, and selecting the conference link on the Investor Relations page.

BlueLinx Holdings Inc., operating through its wholly owned subsidiary BlueLinx Corporation, is a leading distributor of building products in the United States. The Company is headquartered in Atlanta, Georgia and operates its distribution business through its network of distribution centers.

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