NCI Building Systems closes new $150 million ABL facility due 2023

By Sarah Lizee

Olympia, Wash., Feb. 9 – NCI Building Systems, Inc. refinanced its existing asset-based lending facility with a new $150 million ABL facility, according to a press release.

The maturity was extended to Feb. 8, 2023 and interest rate margins were decreased, among other things.

In addition to refinancing the ABL facility, the company said it refinanced its existing term loan facility with a new $415 million term loan facility due 2025.

NCI Building Systems is a Houston-based manufacturer of metal products for the nonresidential construction industry.

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