BlueLinx announces $20M liquidity extension
by MDJ staff
August 18, 2014 12:00 AM | 1051 views | 0 0 comments | 6 6 recommendations | email to a friend | print
BlueLinx Holdings Inc., 4300 Wildwood Parkway in Marietta, announced Thursday it has entered into an amendment to its U.S. revolving credit agreement with a syndicate of banks led by Wells Fargo Bank, N.A. The amendment extends the $20 million loan component of the U.S. revolving credit facility through a maturity date of June 2015.

“This extension of the existing loan demonstrates our strong relationship with our banking partners and their confidence in BlueLinx,” said Mitch Lewis, president/CEO. “This step continues to enhance our liquidity position and provides a solid foundation to continue to improve our financial performance and grow our business into the future.”

Further details concerning the amendment are contained in the company’s Current Report on Form 8-K, which has been filed with the Securities and Exchange Commission.

BlueLinx Holdings Inc., operating through its wholly owned subsidiary BlueLinx Corporation, is a leading distributor of building products in North America. Employing about 1,800 people, BlueLinx offers more than 10,000 products from over 750 suppliers to service about 11,500 customers nationwide.

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