Business Context and Reporting Period
Company: Builders FirstSource, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: April 24, 2019
Event: Entry into a Material Definitive Agreement regarding the extension of a revolving credit facility.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, or liquidity metrics. It specifically addresses the following debt instrument:
- Facility Type: Revolving Credit Facility (ABL Credit Agreement)
- Principal Amount: $900.0 million (subject to borrowing base availability)
- Administrative Agent: SunTrust Bank
- New Maturity Date: November 22, 2023
Material Changes Versus Prior Period
The Company amended its existing $900.0 million revolving facility (the "Previous Revolving Facility"). The primary material change is the extension of the maturity date to November 22, 2023. The filing explicitly states that the New ABL Credit Agreement did not make any other changes to the material terms of the Previous Revolving Facility.
Guidance, Outlook, and Risks
Management Commentary: The filing is a procedural disclosure of the credit agreement amendment and contains no forward-looking guidance, outlook, or management commentary regarding operational performance.
Risks and Contingencies: No specific risks or contingencies are detailed in this text beyond the standard reference to the full agreement terms found in Exhibit 10.1.
Investor Verification Checklist
- Verify the specific borrowing base availability limits under the amended agreement.
- Review Exhibit 10.1 (Amendment No. 2 to Credit Agreement) for any covenants or conditions not summarized in the 8-K.
- Confirm the impact of the extended maturity date on the Company's long-term debt schedule.