Builders FirstSource, Inc. Announces Secondary Offering

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Go back to Builders FirstSource, Inc. Announces Secondary Offering

Builders FirstSource (BLDR) Prices 13.3M Share Common Secondary Offering for Proceeds of ~$145M

May 19, 2016 8:11 AM EDT

Builders FirstSource, Inc. (Nasdaq: BLDR) announced that the previously announced public offering of 13,263,266 shares of its common stock by Warburg Pincus Private Equity IX, L.P. is expected to yield gross proceeds to the selling shareholder of approximately $145.0 million, before deducting underwriting discounts and commissions and estimated offering expenses. The underwriters propose to offer the shares of common stock from time to time to purchasers directly or through agents, or through brokers in brokerage transactions... More