secwatch.observer — SEC 8-K summary
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Issuer:     Owens Corning (OC)
CIK:        0001370946
Form:       8-K
Filed at:   2024-05-22T23:59:59+00:00
Accession:  0001193125-24-144967
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Owens Corning issues $373.2M in new 3.50% Senior Notes due 2030 in exchange for Masonite notes
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- Issued $373.2M aggregate principal of new 3.50% Senior Notes due 2030, exchanging existing Masonite notes.
- Exchange offer accepted tendered Masonite notes; cash consent payment made to exchanging holders.
- New notes mature Feb 15 2030, interest 3.50% semi-annual, senior unsecured, rank equally with other senior debt.
- Entered registration rights agreement to exchange new notes for registered notes within 365 days or pay additional interest.
- After settlement, ~$1.9M aggregate principal of Masonite notes remains outstanding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1370946/000119312524144967/0001193125-24-144967-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1370946/000119312524144967/d821981d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-144967

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