PGT Innovations pays down $152 million of term loan B facility

By Marisa Wong

Morgantown, W.Va., Sept. 24 – PGT Innovations, Inc. repaid $152 million of its term loan B facility entered into in February 2016, according to an 8-K filing with the Securities and Exchange Commission.

PGT also paid about $1.2 million of related accrued interest.

These payments were funded with proceeds from a public offering of common stock.

The face value of the term loan was $72 million after the repayment, which was made on Sept. 18.

PGT is a North Venice, Fla.-based supplier of windows and doors.

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