BlueLinx Secures New $350 Million Asset-Based Lending Facility, Extending Maturity to 2030

BlueLinx Holdings Inc. has announced a new $350 million syndicated secured asset-based revolving credit facility with an option to increase by up to $300 million. The five-year facility, which matures in 2030, replaces the company's existing credit facility and provides total liquidity of approximately $730 million. The agreement was led by Bank of America, N.A., Citizens Bank N.A., and Truist Securities, Inc.

BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of residential and commercial building products, has announced the execution of a new five-year, $350 million syndicated secured asset-based revolving credit facility (the "ABL Facility"). The facility, which matures on August 27, 2030, replaces the company's existing $350 million credit facility that expired on August 2, 2026. The new ABL Facility closed on August 27, 2025, and is currently unfunded.

The ABL Facility provides BlueLinx with an option to increase its total commitments by up to $300 million, subject to certain conditions, including consent from the lenders providing the incremental commitments. The agreement was led by Bank of America, N.A., Citizens Bank N.A., and Truist Securities, Inc., acting 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."

The new facility underscores BlueLinx's strong financial position and confidence in its long-term strategy. The company's comprehensive range of products, including lumber, panels, engineered wood, siding, millwork, and industrial products, is distributed across fifty states, providing a wide range of value-added services and solutions to its customers.

For further information, please see the Company's current report on Form 8-K filed with the Securities and Exchange Commission on August 28, 2025 [1].

References:
[1] https://www.businesswire.com/news/home/20250828531530/en/