other material
confidence high
sentiment neutral
materiality 0.50
Masonite executes supplemental indenture for 2028 notes; 88.27% tendered
MASONITE INTERNATIONAL CORP
- $441.4M (88.27%) of 5.375% Senior Notes due 2028 tendered as of April 26, 2024.
- Fourth Supplemental Indenture entered April 29 to adopt proposed amendments to the indenture.
- Amendments effective only upon acceptance of notes and closing of Owens Corning acquisition.
- Step advances the pending acquisition of Masonite by Owens Corning.