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Prospect News home > News index > List of issuers Tenders > Headlines for 2020 > News item
Published on 12/7/2020 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

BMC Stock to redeem all 5½% senior secured notes due 2024

By Taylor Fox

New York, Dec. 7 – BMC Stock Holdings, Inc. plans to redeem all outstanding 5½% senior secured notes due 2024 issued by BMC East, LLC on Jan. 4, according to a news release.

The notes will be redeemed at 102.750, plus interest.

The redemption is conditioned on the completion of the merger of Boston Merger Sub I Inc., a wholly owned subsidiary of Builders FirstSource, Inc., a Delaware corporation, with and into BMC, with BMC surviving the merger as a wholly owned subsidiary of Builders FirstSource.

BMC is a Raleigh, N.C.-based building materials distributor.


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