June 21, 2018 10:33 PM ET

Trading Companies and Distributors

Company Overview of ABC Supply Co., Inc.

Company Overview

ABC Supply Co., Inc. distributes roofing products in the United States. It also distributes siding, windows, other exterior building products, tools, and related supplies. The company also provides steep slope roofing, low slope roofing, roofing accessories, windows and doors, gutter/rain ware, decking and railing, and other products. It sells products through stores and showrooms. The company was founded in 1982 and is based in Beloit, Wisconsin. It has branch locations in Connecticut, Delaware, the District of Columbia, Maryland, Massachusetts, New Hampshire, New Jersey, Rhode Island, and Vermont; and facilities in the United States. ABC Supply Co., Inc. operates as a subsidiary of ABC Sup...

1 ABC Parkway

Beloit, WI 53511

United States

Founded in 1982

4,024 Employees

Phone:

608-362-7777

Fax:

608-362-2062

Key Executives for ABC Supply Co., Inc.

Chief Executive Officer and President
Age: 57
Founder and Chairman
Age: 70
Managing Partner
Managing Partner
Managing Partner
Compensation as of Fiscal Year 2017.

ABC Supply Co., Inc. Key Developments

American Builders & Contractors Supply Co., Inc. Announces Results of its Cash Tender Offer for its Outstanding 5.625% Senior Notes Due 2021

American Builders & Contractors Supply Co., Inc. announced the results of its previously-announced cash tender offer to purchase any and all of the $200 million aggregate principal amount of 5.625% Senior Notes due 2021 (the "2021 Notes"). The terms and conditions of the Tender Offer, which expired at 5:00 p.m., New York City time, on May 8, 2018 are described in the Offer to Purchase, dated May 1, 2018, and the related Notice of Guaranteed Delivery. According to information provided by D.F. King & Co., Inc. the information and tender agent for the Tender Offer, $102,538,000 aggregate principal amount of the outstanding Notes (or 51.34%) were validly tendered at or prior to the Expiration Time and not validly withdrawn, which amounts exclude tenders of an additional $21,000 aggregate principal amount of outstanding Notes that remain subject to guaranteed delivery procedures. Subject to the terms and conditions specified in the Tender Offer Documents, the Company will pay all holders of 2021 Notes accepted for purchase in the Tender Offer $1,015.65 per $1,000 principal amount of 2021 Notes validly tendered (including through guaranteed delivery procedures) and accepted for purchase, plus accrued and unpaid interest to, but not including, the settlement date, which is expected to be May 11, 2018. The Company intends to finance its purchase of the Notes tendered pursuant to the Tender Offer with a portion of the proceeds to be raised from its previously-announced private placement offering of $600 million senior notes due 2026, which were priced on May 1, 2018 at par with a coupon interest rate of 5.875%. The Company expects to complete this offering on May 11, 2018, subject to customary closing conditions. The Company currently intends to use proceeds from the pending note offering to redeem the 2021 Notes not purchased pursuant to the Tender Offer at a redemption price of 101.406% of the principal amount thereof plus accrued and unpaid interest through the redemption date.

American Builders & Contractors Supply Co., Inc. Commences Cash Tender Offer for its Outstanding 5.625% Senior Notes Due 2021

American Builders & Contractors Supply Co., Inc. ("ABC" or the "Company") announced the commencement of a cash tender offer to purchase any and all of the $200 million aggregate outstanding principal amount of 5.625% Senior Notes due 2021 (the "2021 Notes"). The Company intends to purchase the 2021 Notes in the Tender Offer using a portion of the proceeds from the Company’s concurrently announced private placement (the “Debt Offering”), subject to market and other conditions, of up to $800 million aggregate principal amount of senior notes due 2026. The Tender Offer is being made pursuant to an offer to purchase dated May 1, 2018 (the “Offer to Purchase”) and related notice of guaranteed delivery (together with the Offer to Purchase, the “Tender Offer Documents”), which set out the complete terms and conditions of the Tender Offer. The Tender Offer will expire at 5:00 p.m., New York City time, on May 8, 2018 (such date and time, as may be extended or earlier terminated in the Offer to Purchase, the “Expiration Time”). Holders of 2021 Notes who validly and timely tender (and do not validly withdraw) their 2021 Notes prior to the Expiration Time will be entitled to receive an amount in cash equal to $1,015.65 for each $1,000 principal amount of the 2021 Notes tendered and accepted by the Company in connection with the Tender Offer, together with accrued and unpaid interest relating to such purchased 2021 Notes up to, but not including, the final settlement date, which is currently expected to be May 11, 2018. Subject to certain limited exceptions, any 2021 Notes tendered may only be withdrawn prior to 5:00 p.m., New York City time, on May 8, 2018, unless extended. The Company intends to finance its purchase of the Notes tendered pursuant to the Tender Offer with a portion of the proceeds to be raised from its previously-announced private placement offering of $800 million senior notes due 2026. The Company will not be obligated to accept for purchase any 2021 Notes pursuant to the Tender Offer. The Tender Offer is not contingent upon the tender of any minimum principal amount of 2021 Notes, but the Tender Offer is conditioned upon the consummation of the Debt Offering (or another debt financing transaction), among other conditions. Subject to applicable law, the Company may amend, extend, withdraw or terminate the Tender Offer in its sole discretion. Assuming the Debt Offering is consummated, the Company currently intends to redeem any 2021 Notes not purchased pursuant to the Tender Offer in accordance with the indenture governing the 2021 Notes, which currently provides for a redemption price of 101.406% of the principal amount thereof plus accrued and unpaid interest through the redemption date.

ABC Supply Co., Inc. Presents at Deutsche Bank’s 25th Annual Leveraged Finance Conference, Oct-03-2017 02:35 PM

ABC Supply Co., Inc. Presents at Deutsche Bank’s 25th Annual Leveraged Finance Conference, Oct-03-2017 02:35 PM. Venue: The Phoenician, 6000 East Camelback Road, Scottsdale, Arizona, United States. Speakers: Keith Rozolis, Chief Executive Officer and President, Todd Buehl, Chief Financial Officer, Chief Administrative Officer, Vice President and Treasurer.

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