E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item
Published on 9/10/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

PGT Innovations to redeem all $425 million 6¾% notes due 2026

By Marisa Wong

Los Angeles, Sept. 10 – PGT Innovations, Inc. announced it plans to redeem in full its $425 million of 6¾% senior notes due 2026 using proceeds from an offering of senior notes due 2029.

Proceeds from the new notes, along with borrowings under the company’s credit facility, will also be used to finance the acquisition of Anlin Windows & Doors through indirect wholly owned subsidiary Western Window Holding LLC.

The company also plans to pay off the $54 million outstanding under its term loan.

PGT Innovations is a North Venice, Fla.-based window and door manufacturer.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.