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American Woodmark to redeem $350 million 4 7/8% notes due 2026
By Wendy Van Sickle
Columbus, Ohio, March 26 – American Woodmark Corp. said it will give notice to fully redeem its $350 million of 4 7/8% senior notes due 2026, according to a news release.
The company plans to redeem the notes on April 26 at 102.438 plus interest.
The redemption is conditioned upon, among other things, the consummation of a senior secured credit facility in an amount sufficient to fund the redemption and refinance the company’s existing senior secured credit facility.
The manufacturer of interior furnishings is based in Winchester, Va.
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