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JELD-WEN Announces Notice of Redemption of Senior Notes

PR Newswire - Wed Jul 5, 2023

CHARLOTTE, N.C., July 5, 2023 /PRNewswire/ -- JELD-WEN Holding, Inc. (NYSE: JELD), a leading global manufacturer of building products, announced today that its subsidiary, JELD-WEN, Inc., issued on July 3, 2023 a notice to redeem on August 3, 2023 (the "Redemption Date") all $250 million of its 6.250% Senior Secured Notes due May 2025 (the "6.250% Senior Secured Notes") and $200 million of its 4.625% Senior Notes due December 2025 (the "4.625% Senior Notes," together with the 6.250% Senior Secured Notes, the "Notes"), each in accordance with the terms of the applicable Notes and indentures. The redemption price for the 6.250% Senior Secured Notes will be 101.563% of the principal amount, plus any accrued and unpaid interest excluding the Redemption Date. The redemption price for the 4.625% Senior Notes will be 100% of the principal amount redeemed, plus any accrued and unpaid interest excluding the Redemption Date. As of June 30, 2023, the aggregate outstanding principal amount of the 6.250% Senior Secured Notes was $250 million and the 4.625% Senior Notes was $400 million.

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