Trex Company has completed an amendment to its senior secured credit facility. The amended cash flow lending facility, obtained through Bank of America, Citibank, N.A., Capital One, N.A., and SunTrust Bank, is a seasonal facility that provides for a maximum principal amount of $250 million from January through June of each year and $200 million from July through December of each year. With a maturity of January 12, 2021, the new facility strengthens the Company’s capital structure.
 
Trex President and CEO James E. Cline remarked, "We are pleased to have expanded the borrowing capacity of our credit facility with this syndicate group. The expansion positions us well to pursue strategies aimed at optimizing Trex’s capital structure and executing the Company’s strategic objectives."

Trex Company is the world’s largest manufacturer of wood-alternative decking and railing, with more than 20 years of product experience. Stocked in more than 6,700 retail locations throughout the world, Trex® outdoor living products offer a wide range of style options with fewer ongoing maintenance requirements than wood, as well as a truly environmentally responsible choice.