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BlueLinx Announces Full Repayment of Term Loan


BlueLinx Announces Full Repayment of Term Loan
April 05, 2021 16:30 ET
| Source:
BlueLinx Corporation
BlueLinx Corporation
Atlanta, Georgia, UNITED STATES
MARIETTA, Ga., April 05, 2021 (GLOBE NEWSWIRE) BlueLinx Holdings Inc. (NYSE: BXC), a leading distributor of building and industrial products in the United States, today announced that the Company repaid the outstanding principal balance under its term loan facility of approximately $16 million on April 2, 2021. The payment was funded through existing availability under the Company’s revolving credit facility.
“Our voluntary repayment of the term loan reduces cash interest expense and further simplifies our capital structure, which is consistent with our disciplined approach to managing our balance sheet,” stated Kelly Janzen, CFO of BlueLinx. “Given the continued, underlying strength of our end-markets and strategic approach to managing worki ....

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BlueLinx Announces Appointment of Carol B. Yancey to Board of Directors


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
BlueLinx Announces Appointment of Carol B. Yancey to Board of Directors
BlueLinx CorporationFebruary 11, 2021 GMT
MARIETTA, Ga., Feb. 11, 2021 (GLOBE NEWSWIRE) BlueLinx Holdings Inc. (NYSE:BXC), a leading distributor of building and industrial products in the United States, today announced that Carol B. Yancey, the Executive Vice President and Chief Financial Officer of Genuine Parts Co. (“GPC”), a company listed on the New York Stock Exchange, has been appointed to BlueLinx’s Board of Directors, effective February 15, 2021. In addition, Carol will serve as a member of the board’s audit and nominating and corporate governance committees for the duration of her term. ....

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