Jeld-Wen unit to redeem two series of 2025 notes totaling $450 million

By Mary-Katherine Stinson

Lexington, Ky., July 5 – Jeld-Wen Holding, Inc. announced that its subsidiary Jeld-Wen, Inc. will redeem $450 million of notes from two series, according to a press release.

The company will redeem all $250 million of its 6¼% senior secured notes due May 2025 at 101.563 plus accrued interest.

Additionally, $200 million of its 4 5/8% senior notes due December 2025 will be redeemed at par plus accrued interest.

The redemption date is Aug. 3.

As of June 30, $250 million of the 6¼% secured notes and $400 million of the 4 5/8% notes were outstanding.

Based in Charlotte, N.C., Jeld-Wen is a global designer, manufacturer and distributor of high-performance interior and exterior doors, windows, and related building products.

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