Masonite International Corporation DOOR announced today that it
is proposing to issue an additional $100 million aggregate principal
amount of its 8¼% Senior Notes due 2021 (the “notes”) in a private
offering that is exempt from the registration requirements of the
Securities Act of 1933, as amended (the “Securities Act”), subject to
market and other conditions. The notes are expected to be treated as a
single series with, and will have the same terms as those of, the $375
million aggregate principal amount of currently outstanding 8¼% Senior
Notes due 2021 previously issued by the Company.
The Company intends to use the net proceeds from the sale of the notes
for general corporate purposes, which may include funding future
See full press release
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in