Builders FirstSource repriced its $600 million senior secured term loan facility through an amendment to its credit agreement providing for a $470 million senior secured term loan facility and an interest reduction of 1.25%.

Deutsche Bank New York branch will continue to serve as administrative agent and collateral agent under the new term loan facility.

The net proceeds from an offering of notes were used to redeem all of the company’s outstanding senior secured notes due 2021 and repay approximately $125 million of the company’s borrowings under its previous term loan facility.

Builders FirstSource is a supplier and manufacturer of structural and related building products for new residential construction and home remodeling and repair.