Headwaters calls all $400 million of 7 5/8% notes due 2019 at 103.813

By Tali Rackner

Norfolk, Va., March 24 – Headwaters Inc. plans to redeem all $400 million of its 7 5/8% senior secured notes due 2019, according to a press release.

The notes will be redeemed at 103.813 plus accrued interest on April 23.

The company will use proceeds from a new $425 million seven-year senior secured term loan B facility to finance the redemption.

Wilmington Trust, NA is the paying agent.

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

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