On October 24, 2019, BlueLinx Holdings Inc. (the “Company”) amended its existing term loan facility (the “Facility”) by entering into that certain Third Amendment to Credit and Guaranty Agreement (the “Amendment”), by and among the Company, as borrower, certain of the Company’s subsidiaries, as guarantors, the lenders party thereto, and HPS Investment Partners, LLC, in its capacity as administrative agent.

to the Amendment, the Company will be permitted to enter into additional real estate sale leaseback transactions, effective from the date of the Amendment through the remaining tenor of the Facility, with the net proceeds therefrom to be used for repayment of indebtedness under the Facility or the Company’s revolving credit facility. In addition, any net proceeds from the sale by the Company of “Specified Properties” (as such term is defined under the Facility) will be used for repayment of indebtedness under the Facility and the Company’s revolving credit facility. The Amendment also modifies the quarterly Total Net Leverage Ratio covenant levels over the term of the Facility with the 2019 fourth quarter and subsequent quarterly level modifications reverting to the pre-Amendment levels subject to a designated outstanding principal balance level on January 31, 2020. The parties also agreed that certain post-period prepayment rights would not apply for purposes of calculating compliance with the Total Net Leverage Ratio for the fourth quarter of 2019.

The foregoing description of the material terms of the Amendment is qualified in its entirety by reference to the Amendment, which is filed as Exhibit 10.1 to this Current Report and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits:

The following exhibits are attached with this Current Report on Form 8-K:

BlueLinx Holdings Inc. Exhibit
EX-10.1 2 a101thirdamendmenttocredit.htm EXHIBIT 10.1 Exhibit EXHIBIT 10.1THIRD AMENDMENTTO CREDIT AND GUARANTY AGREEMENT THIRD AMENDMENT (this “Agreement”) dated as of October 24,…
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About BlueLinx Holdings Inc. (NYSE:BXC)

BlueLinx Holdings, Inc. is a distributor of building products in North America. The Company operates its distribution business through a network of approximately 40 distribution centers. It serves metropolitan areas in the United States and delivers building products to a range of wholesale and retail customers. The Company distributes products in approximately two categories, such as structural products and specialty products. Structural products include plywood, oriented strand board (OSB), rebar and remesh, lumber and other wood products primarily used for structural support, walls and flooring in construction projects. Specialty products include roofing, insulation, specialty panels, molding, engineered wood products, vinyl products (used primarily in siding), outdoor living, particle board and metal products (excluding rebar and remesh). It also provides a range of services and solutions, such as intermodal distribution services; inventory stocking, and backhaul services.