BlueLinx Secures Revolving Credit Facility Up to $350 Million with $300 Million Accordion

Bluelinx Holdings Inc. has secured a revolving credit facility of up to $350 million with an accordion feature that allows for an additional $300 million. The company is a wholesale distributor of residential and commercial building products in the US, offering a range of value-added services and solutions to its customers and suppliers.

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 [1].

The ABL Facility includes an option to increase the total commitments by up to $300 million, subject to certain conditions, including consent from the lenders providing the incremental commitments. BlueLinx's Senior Vice President, Chief Financial Officer, and Treasurer, C. Kelly Wall, expressed satisfaction with the new financing and the continued favorable terms. He noted that the company's strong cash position, combined with the new facility, provides approximately $730 million in total liquidity and substantial flexibility for strategic growth initiatives [1].

The new ABL Facility was arranged by Bank of America, N.A. as the Administrative Agent, and Citizens Bank N.A. and Truist Securities, Inc. acted as joint lead arrangers and joint book runners for the syndicated credit facility [1]. BlueLinx Holdings is a comprehensive distributor, offering a wide range of products and value-added services to customers such as national home centers, pro dealers, cooperatives, specialty distributors, regional and local dealers, and industrial manufacturers. The company operates through a broad network of distribution centers, servicing fifty states [2].

For further information, investors are encouraged to refer to BlueLinx's current report on Form 8-K filed with the Securities and Exchange Commission on August 28, 2025 [1].

References:
[1] https://www.morningstar.com/news/business-wire/20250828531530/bluelinx-announces-new-asset-based-lending-facility
[2] https://finance.yahoo.com/news/bluelinx-announces-asset-based-lending-200500931.html