February 27, 2017 12:36 AM ET

Building Products

Company Overview of Builders FirstSource, Inc.

Company Overview

Builders FirstSource, Inc. manufactures and supplies building materials, manufactured components, and construction services to professional contractors, sub-contractors, and consumers in the United States. Its products include lumber and lumber sheet goods comprising dimensional lumber, plywood, and OSB products that are used in on-site house framing; and windows and doors, and interior and exterior door units, as well as interior trims, exterior trims, columns, and posts under the Synboard brand. The company’s manufactured products consist of wood floor and roof trusses, steel roof trusses, wall panels, stairs, and engineered wood; gypsum, roofing and insulation products, including wallboar...

2001 Bryan Street

Suite 1600

Dallas, TX 75201

United States

Founded in 1998

14,000 Employees

Phone:

214-880-3500

Key Executives for Builders FirstSource, Inc.

Chief Executive Officer and Director
Age: 76
Total Annual Compensation: $1.1M
President and Chief Operating Officer
Age: 48
Total Annual Compensation: $850.0K
Co-Founder, Senior Vice President, General Counsel and Corporate Secretary
Age: 61
Total Annual Compensation: $655.0K
Senior Vice President of Operations
Age: 73
Total Annual Compensation: $575.2K
Compensation as of Fiscal Year 2015.

Builders FirstSource, Inc. Key Developments

Builders FirstSource Reprices and Extends Senior Secured Term Loan Facility Due 2024 At Libor +3%, A 0.75% Reduction

Builders FirstSource, Inc. announced that it has secured commitments for the reprice of its previous $468 million senior secured term loan facility due 2022 through an amendment and extension to its term loan credit agreement providing for a $468 million senior secured term loan facility due 2024 and an interest reduction of 0.75%.  The transaction closing is expected on February 23, 2017. Term loans under the $468 million New Term Loan Facility bear interest based on either the eurodollar rate or base rate plus, in each case, an applicable margin, at the company’s option. The applicable margin in respect of the loans under the New Term Loan Facility will be (x) 3% in the case of Eurodollar rate loans and (y) 2% in the case of base rate loans. This represents a 0.75% reduction from the Previous Term Loan Facility.  Deutsche Bank AG New York Branch continues to serve as administrative agent and collateral agent under the New Term Loan Facility. The repricing enables the company to reduce the interest rate on its Term Loan by 0.75% as well as extend the maturity to 2024.  This transaction should reduce go forward interest by approximately $3 million annually.

Builders FirstSource, Inc. Presents at Deutsche Bank Homebuilding & Building Products Strategic Value Creation Conference, Dec-01-2016

Builders FirstSource, Inc. Presents at Deutsche Bank Homebuilding & Building Products Strategic Value Creation Conference, Dec-01-2016 . Venue: Deutsche Bank Offices, 60 Wall Street - 47th Floor, New York, NY 10005, United States. Speakers: Jennifer Pasquino, Senior Vice President of Investor Relations.

Builders FirstSource, Inc. Announces Executive Changes

Builders FirstSource, Inc. announced that Peter Jackson has been named Senior Vice President and Chief Financial Officer.  As CFO, Mr. Jackson will play a key role in helping the company achieve its next level of growth and performance. He will replace Chad Crow as CFO, allowing Mr. Crow to focus on his role as President and Chief Operating Officer. Mr. Jackson joins the company from Lennox International, Inc., where he served in various senior financial roles, most recently VP and CFO – Refrigeration Segment.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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