Bank of America Serves as Administrative Agent on New $350MM Syndicated ABL Facility for Bluelinx

BlueLinx Holdings Inc. (NYSE: BXC) has strengthened its financial position with the execution of a new five-year, $350 million syndicated secured asset-based revolving credit facility (ABL Facility), led by Bank of America, N.A. as administrative agent. The facility, which closed on August 27, 2025 and matures on August 27, 2030, replaces the company’s prior $350 million credit facility that was set to expire in 2026. In addition to the initial $350 million commitment, the agreement provides an option to expand the facility by up to $300 million, subject to lender approval, further enhancing BlueLinx’s financial flexibility.

“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.”

Citizens Bank, N.A. and Truist Securities, Inc. acted alongside Bank of America as joint lead arrangers and joint book runners for the syndicated credit facility.

SOURCE: Business Wire