--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-23-203414" form_type: "8-K" ticker: "JBI" cik: "0001839839" company_name: "Janus International Group, Inc." filed_at: "2023-08-04T23:59:59+00:00" generated_at: "2026-06-12T06:25:36.137526+00:00" event_type: "debt" sentiment: "positive" materiality_score: 0.65 calibrated_materiality_score: 0.65 confidence: "high" source: SEC EDGAR --- # Janus International refinances debt with $625M term loan and new $125M ABL facility ## Summary - Entered $625M first lien term loan maturing Aug 2030 at Term SOFR + 10bps + 325bps. - Increased ABL revolving credit facility from $80M to $125M, maturing Aug 2028. - Made voluntary $35M prepayment on prior term loan using cash on hand before refinancing. - CFO Anselm Wong says refinancing provides financial flexibility to execute long-term outlook. ## SEC filing metadata - accession: 0001193125-23-203414 - form_type: 8-K - ticker: JBI - cik: 0001839839 - company_name: Janus International Group, Inc. - filed_at: 2023-08-04T23:59:59+00:00 - event_type: debt - sentiment: positive - materiality_score: 0.65 - calibrated_materiality_score: 0.65 - confidence: high - sec_items: 1.01, 2.03, 7.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1839839/000119312523203414/0001193125-23-203414-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1839839/000119312523203414/d542619d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-23-203414 - JSON: https://secwatch.observer/filing/0001193125-23-203414.json - Plain text: https://secwatch.observer/filing/0001193125-23-203414.txt ## Key facts - Debt Financings Janus International Group, Inc. amended credit facility of from $80,000,000 to $125,000,000 with JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, along with Bank of America and Goldman Sachs as syndication lenders at Interest payments with respect to the 2023 LOC Agreement are due in arrears. - Instrument: credit facility - Principal: from $80,000,000 to $125,000,000 - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, along with Bank of America and Goldman Sachs as syndication lenders - Rate: Interest payments with respect to the 2023 LOC Agreement are due in arrears - Event: amendment source text: national, Wells Fargo Bank, National Association, as administrative agent and collateral agent and the other parties thereto, pursuant to a new ABL Credit and Guarantee Agreement (the “2023 LOC Agreement”) by and among Janus Intermediate, Janus International, JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, along with Bank of America and Goldman Sachs as syndication lenders. evidence_url: https://www.sec.gov/Archives/edgar/data/1839839/000119312523203414/0001193125-23-203414-index.htm - Debt Financings Janus International Group, Inc. incurred credit facility of $625,000,000 with UBS AG, Stamford Branch, as administrative agent and collateral agent, Goldman Sachs Bank USA, as successor administrative agent and collateral agent and the other parties at interest payable in arrears (with respect to base rate loans) or at the end of a maturing August 3, 2030. - Instrument: credit facility - Principal: $625,000,000 - Counterparty: UBS AG, Stamford Branch, as administrative agent and collateral agent, Goldman Sachs Bank USA, as successor administrative agent and collateral agent and the other parties - Rate: interest payable in arrears (with respect to base rate loans) or at the end of a - Maturity: August 3, 2030 - Event: incurrence source text: administrative agent and collateral agent and the other parties thereto. The Amendment is comprised of a syndicate of lenders originating on August 3, 2023 in the amount of $625,000,000 with interest payable in arrears (with respect to base rate loans) or at the end of an interest period (with respect to Secured Overnight Financing Rate loans). The outstanding evidence_url: https://www.sec.gov/Archives/edgar/data/1839839/000119312523203414/0001193125-23-203414-index.htm - Material Agreements Janus International Group, Inc. amended Amendment No. 6 with UBS AG, Stamford Branch, as administrative agent and collateral agent, Goldman Sachs Bank USA, as successor administrative agent and collateral agent and the other parties thereto valued at $625,000,000 (effective 2023-08-03). - Action: amendment - Agreement: credit facility - Counterparty: UBS AG, Stamford Branch, as administrative agent and collateral agent, Goldman Sachs Bank USA, as successor administrative agent and collateral agent and the other parties thereto - Value: $625,000,000 - Effective: 2023-08-03 source text: On August 3, 2023, Janus International Group, Inc. (the “Company”) completed a refinancing pursuant to Amendment No. 6 (the “Amendment”) to that certain First Lien Credit and Guarantee Agreement (the “First Lien”), dated as of February 12, 2018, by and among Janus Intermediate, LLC, a wholly owned subsidiary of the Company (“Janus Intermediate”), Janus International Group, LLC, a wholly owned subsidiary of the Company (“Janus International”), UBS AG, Stamford Branch, as administrative agent and collateral agent, Goldman Sachs Bank USA, as successor administrative agent and collateral agent and the other parties thereto. evidence_url: https://www.sec.gov/Archives/edgar/data/1839839/000119312523203414/0001193125-23-203414-index.htm - Material Agreements Janus International Group, Inc. entered into 2023 LOC Agreement with Janus Intermediate, LLC, Janus International Group, LLC, JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, along with Bank of America and Goldman Sachs as syndication lenders valued at increased the previous aggregate commitments with respect to the LOC Agreement from $80,000,000 to $ (effective 2023-08-03). - Action: entry - Agreement: credit facility - Counterparty: Janus Intermediate, LLC, Janus International Group, LLC, JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, along with Bank of America and Goldman Sachs as syndication lenders - Value: increased the previous aggregate commitments with respect to the LOC Agreement from $80,000,000 to $ - Effective: 2023-08-03 source text: On August 3, 2023, the Company also refinanced that certain ABL Credit and Guarantee Agreement, dated as of February 12, 2018 (the “LOC Agreement”) by and among Janus Intermediate, Janus International, Wells Fargo Bank, National Association, as administrative agent and collateral agent and the other parties thereto, pursuant to a new ABL Credit and Guarantee Agreement (the “2023 LOC Agreement”) by and among Janus Intermediate, Janus International, JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, along with Bank of America and Goldman Sachs as syndication lenders. evidence_url: https://www.sec.gov/Archives/edgar/data/1839839/000119312523203414/0001193125-23-203414-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.