BlueLinx Holdings, a leading U.S. wholesale distributor of building products, has executed an agreement that provides the Company with a new five year, $350 million syndicated secured asset based revolving credit facility, with an option to increase the total commitments under the ABL Facility by up to $300 million subject to certain conditions, including consent from the lenders providing the incremental commitments. The ABL facility, which matures on August 27, 2030, replaces the Company’s existing $350 million credit facility which expired on August 2, 2026. The new ABL Facility closed on August 27, 2025, and is currently unfunded.
Bank of America, Administrative Agent, and Citizens Bank and Truist Securities acted as the joint lead arrangers and joint book runners for the syndicated credit facility.
“We are pleased to have completed this new financing, and with continued favorable terms,” said C. Kelly Wall, Senior Vice President, Chief Financial Officer and Treasurer at BlueLinx. “Combined with our strong cash position, the Company continues to have total liquidity of approximately $730 million and tremendous flexibility to execute on our strategic growth initiatives. We would like to thank both our current and new lenders for their support, as well as their confidence in our long-term strategy, and we look forward to continuing to partner with them in the future.”