American Woodmark meets conditions to redeem 4 7/8% notes

By Wendy Van Sickle

Columbus, Ohio, April 22 – American Woodmark Corp. said the conditions precedent to fully redeem its $350 million of 4 7/8% senior notes due 2026 have been satisfied, according to a news release.

The company will redeem the notes on April 26 at 102.438 plus interest.

The redemption was 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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