January 11, 2018 / 2:50 AM / 13 days ago

BRIEF-‍Bluelinx announces repayment of $98 mln CMBS mortgage

Jan 10 (Reuters) - Bluelinx Holdings Inc:

* ‍BLUELINX ANNOUNCES REPAYMENT OF $98 MILLION CMBS MORTGAGE​

* ‍COMPANY HAS PAID OFF REMAINING PRINCIPAL ON ITS 2006 CMBS MORTGAGE OF APPROXIMATELY $98 MILLION​

* SAYS ‍AFTER TRANSACTION, COMPANY WILL CONTINUE TO OWN 33 FACILITIES IN UNITED STATES.​

* PAYMENT FUNDED THROUGH LONG-TERM SALE LEASEBACK TRANSACTIONS ON 4 PROPERTIES OWNED BY CO, WHICH PROVIDED $110 MILLION IN SALE PROCEEDS​ Source text for Eikon: Further company coverage:

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