BlueLinx taps revolver accordion, adds $25 million commitment by PNC

By Susanna Moon

Chicago, June 28 - BlueLinx Holdings Inc. said it boosted the size of its U.S. revolving credit facility to $447.5 million and added PNC Bank, NA as a lender.

PNC provided a loan commitment of $25 million, increasing the revolver amount from $422.5 million, according to a company press release.

The lender used $25 million of the company's $100 million uncommitted accordion credit facility.

All other material terms of the credit agreement remain substantially the same, the company noted.

The existing lenders are Wells Fargo Bank, NA as administrative and collateral agent, Regions Bank, Bank of America, NA, JPMorgan Chase, NA and TD Bank, NA.

The building products distributor is based in Atlanta.

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