An update from JELD-WEN (JELD) is now available.
JELD-WEN Holding, Inc. successfully closed a private offering of $350 million in 7.000% senior unsecured notes due in 2032. The proceeds will finance the redemption of existing senior notes and partially repay a term loan facility. Investors should note the notes’ interest terms, maturity, optional redemption provisions, and change of control repurchase right. The offering, exempt from registration under the Securities Act of 1933, underscores the company’s strategic financial management, potentially interesting for those monitoring corporate bonds and investment opportunities within the manufacturing sector.
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