secwatch.observer — SEC 8-K summary
======================================

Issuer:     MasterBrand, Inc. (MBC)
CIK:        0001941365
Form:       8-K
Filed at:   2024-06-20T23:59:59+00:00
Accession:  0001140361-24-030743
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MasterBrand prices $700M 7.00% Senior Notes due 2032 for Supreme acquisition
----------------------------------------------------------------------------

- Issued $700 million aggregate principal of 7.00% Senior Notes due 2032.
- Settlement expected on or around June 27, 2024, subject to customary closing conditions.
- Notes are unsecured senior obligations guaranteed by credit facility subsidiaries.
- Proceeds, along with revolver borrowings and cash, will fund Supreme Cabinetry Brands acquisition, refinance existing credit facilities, and pay related fees.
- Offering is private under Rule 144A and Regulation S; notes not registered under Securities Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1941365/000114036124030743/0001140361-24-030743-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1941365/000114036124030743/ef20031387_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-030743

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