15.01.2014 17:12:59
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Masonite Plans $100 Mln Debt Offering
(RTTNews) - Masonite International Corp. (DOOR) said Wednesday that it plans to issue an additional $100 million aggregate principal amount of its 81/4% Senior Notes due 2021 in a private offering.
The notes are expected to be treated as a single series with, and will have the same terms as those of, the $375 million aggregate principal amount of currently outstanding 81/4% Senior Notes due 2021 previously issued by the company.
The company said it plans to use the net proceeds from the sale of the notes for general corporate purposes, which may include funding future acquisitions.
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