Builders FirstSource, Inc. announced that it has priced an offering of $1 billion aggregate principal amount of 6.375% unsecured Senior Notes due 2034 (Notes), which represents a $400 million increase in the previously announced size of the offering. The price to investors will be 100.000% of the principal amount of the notes. The offering of the Notes is expected to close on February 29, 2024, subject to customary closing conditions.

The company intends to use the net proceeds from the offering to repay indebtedness outstanding under the ABL Facility and for general corporate purposes. The Notes will not be registered under the Securities Act of 1933, as amended (the ?Securities Act?), or any state securities law and may not be offered or sold within the United States or to or for the account of any U.S. person, except pursuant to an exemption from the registration requirements thereof. Accordingly, the Notes were offered and sold only to (i) persons reasonably believed to be ?qualified institutional buyers?

(as defined in Rule 144A under the Securities Act) and (ii) non-?U.S. persons? who are outside the United States (as defined in Regulation S under the Securities Act).