BlueLinx secures US$350m Asset-Based Lending facility

BlueLinx Holdings Inc., a US wholesale distributor of building products, announced that it has entered into a new five-year, US$350 million syndicated secured asset-based revolving credit facility. The agreement includes an option to increase total commitments by up to US$300 million, subject to lender consent and certain conditions.

The new facility, which matures on August 27, 2030, replaces the company’s previous US$350 million credit line that was set to expire on August 2, 2026. BlueLinx said the arrangement closed on August 27, 2025, and is currently unfunded.

“Combined with our strong cash position, the company continues to have total liquidity of approximately US$730 million and tremendous flexibility to execute on our strategic growth initiatives,” Wall said.

Bank of America, N.A. acted as the administrative agent for the facility, while Citizens Bank N.A. and Truist Securities, Inc. served as joint lead arrangers and joint book runners.