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02.06.25 - 22:18
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Gayatri Narayan Joins Builders FirstSource as President, Technology and Digital Solutions (Business Wire)
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IRVING, Texas--(BUSINESS WIRE)--Builders FirstSource, Inc. (NYSE: BLDR) (“Builders FirstSource” or the “Company”) today announced it has appointed Gayatri Narayan to the newly created role of President, Technology and Digital Solutions, reporting to CEO Peter Jackson. In this role, Ms. Narayan will be responsible for the continued development and delivery of innovative digital products and launching digitally enabled business models. She will also lead the Company's Paradigm subsidiary, which provides digital solutions and services for the building products industry.
"As the leader in our industry, Builders FirstSource continues to innovate in our digital and technical innovations to create even greater value for our customers," said Jackson. "Gayatri has a proven track record of delivering organic growth through technology. She will play a pivotal role in advancing our digital strategy and accelerating our execution to support the long-term success of our customers and our busines...
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15.05.25 - 22:18
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Eagle Materials Appoints David Rush to Its Board of Directors (Business Wire)
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DALLAS--(BUSINESS WIRE)--Eagle Materials Inc. (NYSE: EXP) announced today that it has appointed David Rush to its Board of Directors. Mr. Rush is the retired Chief Executive Officer of Builders FirstSource (NYSE: BLDR), the nation's largest supplier of structural building products, value-added components and services to the professional market for single-family and multi-family construction and repair and remodeling. Prior to his appointment as CEO, he held a variety of senior executive roles over his nearly 30-year career at Builders FirstSource, including serving as executive vice president of the Strategic Management Office (SMO) where he was responsible for developing processes to prioritize, coordinate and manage corporate and field initiatives to help provide value across the company.
Eagle Materials Board Chair Mike Nicolais commented, “David has a distinguished career developing and delivering long-term strategy, business integration, and operational finance expertise throughout his organizatio...
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05.05.25 - 22:45
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Builders FirstSource Prices Offering of $750 Million of Senior Notes due 2035 (Business Wire)
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IRVING, Texas--(BUSINESS WIRE)--Builders FirstSource, Inc. (NYSE: BLDR) (“Builders FirstSource” or the “Company”) today announced that it has priced an offering of $750 million aggregate principal amount of 6.750% unsecured Senior Notes due 2035 (the “Notes”), which represents a $250 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 May 8, 2025, subject to customary closing conditions. The Company intends to use the net proceeds from the offering to repay indebtedness outstanding under its senior secured ABL facility.
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 ...
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05.05.25 - 14:57
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Builders FirstSource Launches Offering of $500 Million of Senior Notes due 2035 (Business Wire)
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IRVING, Texas--(BUSINESS WIRE)--Builders FirstSource, Inc. (NYSE: BLDR) (“Builders FirstSource” or the “Company”) today announced that it has launched an offering of $500 million aggregate principal amount of unsecured Senior Notes due 2035 (the “Notes”).
The Company intends to use the net proceeds from the offering to repay indebtedness outstanding under the ABL Facility.
Consummation of the offering of the Notes is subject to market and other conditions, and there can be no assurance that the Company will be able to successfully complete these transactions on the terms described above, or at all.
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 will be offered and sold only to (i) persons reasonably believed to ...
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