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Published on 4/4/2011 in the Prospect News High Yield Daily.

Builders FirstSource to sell $250 million eight-year secured notes

By Paul A. Harris

Portland, Ore., April 4 - Builders FirstSource, Inc. announced in a Monday press release that it intends to place $250 million of eight-year senior secured first-priority notes via Rule 144A and Regulation S.

The Dallas-based building products company intends to use the proceeds to redeem its second-priority senior secured floating-rate notes due 2016, as well as its outstanding floating-rate notes due 2012, to repay its revolver, for working capital and for general corporate purposes.


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