Boise Cascade enters $450 million revolving credit agreement, replacing prior facility
Boise Cascade entered a new Credit Agreement with JPMorgan Chase Bank on April 14, 2025, providing a $450.0 million revolving loan maturing April 14, 2030. The company terminated its prior $400.0 million revolver and $50.0 million term loan, using Revolver proceeds to repay the term loan. The new facility is secured by substantially all company assets, other than real property and certain excluded property, which may be released if the company achieves and maintains investment grade ratings from at least two agencies.
Key points
- New $450.0 million revolving loan with JPMorgan Chase Bank, N.A. as administrative agent, maturing April 14, 2030
- $50.0 million was borrowed at closing; approximately $4,300,000 of letters of credit outstanding reduce availability
- Prior Credit Agreement with Wells Fargo Capital Finance, LLC terminated; the company reports no termination penalties
The filing
Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 16, 2025.
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