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Builders FirstSource to repay revolving loan with note proceeds
By Rebecca Melvin
New York, April 21 – Builders FirstSource Inc. is going to repay a portion of its outstanding borrowings under its revolving credit facility with proceeds of new notes, according to a company news release.
The company has launched a $250 million add-on to its 6¾% senior notes due 2027.
Earlier this month, the Dallas-based building products supplier drew down an additional $150 million of cash under its revolver.
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