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Published Jul 05, 2023 07:02AM ET

JELD-WEN Holding, Inc. Announces Notice of Redemption of Senior Notes JELD-WEN Holding, Inc. (JELD) Announces Notice of Redemption of Senior Notes

JELD-WEN (NYSE:) Holding, Inc. (JELD), a leading global manufacturer of building products, announced today that its subsidiary, JELD-WEN, Inc., issued on July 3, 2023 a notice to redeem on August 3, 2023 (the “Redemption Date”) all $250 million of its 6.250% Senior Secured Notes due May 2025 (the “6.250% Senior Secured Notes”) and $200 million of its 4.625% Senior Notes due December 2025 (the “4.625% Senior Notes,” together with the 6.250% Senior Secured Notes, the “Notes”), each in accordance with the terms of the applicable Notes and indentures. The redemption price for the 6.250% Senior Secured Notes will be 101.563% of the principal amount, plus any accrued and unpaid interest excluding the Redemption Date. The redemption price for the 4.625% Senior Notes will be 100% of the principal amount redeemed, plus any accrued and unpaid interest excluding the Redemption Date. As of June 30, 2023, the aggregate outstanding principal amount of the 6.250% Senior Secured Notes was $250 million and the 4.625% Senior Notes was $400 million.

Payment of the redemption price for the Notes will be made through the facilities of The Depository Trust Company.

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