Headwaters to redeem all 7 5/8% senior notes via term loan proceeds

By Tali Rackner

Norfolk, Va., Feb. 27 – Headwaters Inc. plans to redeem its existing $400 million principal amount of 7 5/8% senior secured notes due 2019 with the proceeds from a new term loan, according to a press release.

Proceeds will also be used to pay transaction fees and expenses and for working capital and general corporate purposes.

Headwaters is a South Jordan, Utah-based manufacturer of light building products and heavy construction materials.

© 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.