secwatch.observer — SEC 8-K summary
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Issuer:     MasterBrand, Inc. (MBC)
CIK:        0001941365
Form:       8-K
Filed at:   2024-06-17T23:59:59+00:00
Accession:  0001140361-24-030256
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MasterBrand announces $700M senior notes offering to fund Supreme acquisition
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- $700M senior notes due 2032; net proceeds plus new revolver and cash to fund Supreme acquisition and refinance existing term loan.
- Revolver upsized from $500M to $750M in amended credit facility.
- Supreme LTM Q1 2024 net sales $256.6M, adj. EBITDA $55.7M; expect $10.2M synergies within 18 months.
- Pro forma total debt $1.143B, cash $53.7M as of March 31, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1941365/000114036124030256/0001140361-24-030256-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1941365/000114036124030256/ef20031245_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-030256

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer