Builders FirstSource Embarks on $600M Public Refinancing

Builders FirstSource, Inc. has launched an offering of $600 million aggregate principal amount of unsecured Senior Notes due 2032.

The building materials and building services supplier said it plans to use the net proceeds from the offering, together with cash on hand, to redeem all of the company’s outstanding 6.750% Senior Secured Notes due 2027.

The plan includes paying any accrued and unpaid interest along with related premiums, fees, and expenses.

The Dallas, Texas-based company said that the consummation of the offering of the notes is subject to market and other conditions, and there can be no guarantee that it will be able to successfully complete the planned transactions.

Builders FirstSource operates 565 locations with a market presence in 85 of the top 100 metro markets.