Ply Gem Industries to redeem $64 million 9 3/8% notes on June 22

By Marisa Wong

Madison, Wis., May 23 - Ply Gem Industries, Inc. issued a redemption notice on Thursday for $64 million of its 9 3/8% senior notes due 2017, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed on June 22 at 109.375 plus accrued interest to the redemption date.

The redemption is conditioned on completion of an equity offering on or prior to the redemption date providing enough funds for Ply Gem to redeem the outstanding notes.

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