Masonite proposes redemption of 2026 notes with new notes due 2030

Chicago, July 9 – Masonite International Corp. plans to use the proceeds for an offering of new notes due 2030 to redeem existing 5¾% notes due 2026, according to a press release on Friday.

The company plans on redeeming the 2026 notes at par, plus a make-whole premium and interest to the redemption date.

The redemption is conditioned upon the offering of new notes.

Masonite is a Tampa, Fla.-based designer and manufacturer of interior and exterior doors for residential new construction.

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