Beacon Elects to Draw Down on Revolving Credit Facility to Further Strengthen Cash Position

HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq:BECN) (the “Company”) announced today that it elected to draw down approximately $725 million from its revolving credit facility. This is a proactive measure to increase the Company's cash position and preserve financial flexibility in light of current uncertainty in the global markets resulting from the COVID-19 pandemic. The funds will supplement the Company's cash position. Details of the draw are described in the Company’s Form 8-K filed concurr