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Published on 2/25/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Louisiana-Pacific to redeem, repurchase $350 million 4 7/8% notes

By Taylor Fox

New York, Feb. 25 – Louisiana-Pacific Corp. plans to purchase, redeem or otherwise acquire all of its $350 million 4 7/8% senior notes due 2024, according to a news release.

The notes will be redeemed using proceeds from a $350 million offering of senior notes due 2029 and cash on hand.

Louisiana-Pacific is a Nashville-based manufacturer of engineered wood building materials.


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