CHARLOTTE, N.C., Aug. 22,
2024 /PRNewswire/ -- JELD-WEN Holding,
Inc. ("JELD-WEN") (NYSE: JELD) today announced the
completion of its offering of $350
million of 7.000% senior unsecured notes due 2032 (the
"Notes") in a private placement exempt from registration under the
Securities Act of 1933, as amended (the "Securities Act"). The
Notes are guaranteed by JELD-WEN, Inc., the main operating
subsidiary of JELD-WEN ("JWI"), and by each of JWI's domestic
subsidiaries that guarantee indebtedness under JWI's term loan
facility. The Notes will mature on September
1, 2032, unless earlier redeemed in accordance with their
terms.
The Notes were offered and sold in a private placement to
qualified institutional buyers pursuant to Rule 144A under the
Securities Act, and to certain non-U.S. persons in
transactions outside of the United
States in reliance on Regulation S under the Securities Act.
The Notes have not been registered under the Securities Act or the
securities laws of any state or jurisdiction. The Notes may not be
offered or sold in the United
States absent registration or an applicable exemption from
the registration requirements of the Securities Act.
This press release shall not constitute an offer to sell or the
solicitation of an offer to purchase the Notes, nor shall there be
any sale of the Notes in any state or jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such
jurisdiction.
About JELD-WEN
JELD-WEN Holding, Inc. (NYSE: JELD) is a leading global
designer, manufacturer and distributor of high-performance interior
and exterior doors, windows, and related building products serving
the new construction and repair and remodeling sectors. Based
in Charlotte, North Carolina,
the company operates facilities in 15 countries in North
America and Europe and employs approximately 18,000
associates dedicated to bringing beauty and security to the spaces
that touch our lives. The JELD-WEN family of brands includes
JELD-WEN® worldwide, LaCantina® and VPI™ in North America, and
Swedoor® and DANA® in Europe. For more information,
visit corporate.JELD-WEN.com or follow LinkedIn.
Forward-Looking Statements
This press release contains forward-looking statements. All
statements other than statements of historical fact contained in
this press release are forward-looking statements, including all
statements regarding the offering of the Notes. Forward-looking
statements are generally identified by our use of forward-looking
terminology such as "anticipate", "believe", "continue", "could",
"estimate", "expect", "intend", "may", "might", "plan",
"potential", "predict", "seek", or "should", or the negative
thereof or other variations thereon or comparable terminology.
Where, in any forward-looking statement, we express an expectation
or belief as to future results or events, such expectation or
belief is based on the current plans, expectations, assumptions,
estimates, and projections of our management. Although we believe
that these statements are based on reasonable expectations,
assumptions, estimates and projections, they are only predictions
and involve known and unknown risks, many of which are beyond our
control, that could cause actual outcomes and results to be
materially different from those indicated in such statements.
Our actual results could differ materially from the results
contemplated by these forward-looking statements due to a number of
factors, including, but not limited to, the factors discussed in
our Annual Report on Form 10-K for the year ended
December 31, 2023 and our other filings with the U.S.
Securities and Exchange Commission.
The forward-looking statements included in this press release
are made as of the date hereof, and except as required by law, we
undertake no obligation to update, amend or clarify any
forward-looking statements to reflect events, new information or
circumstances occurring after the date of this release.
Media Contact:
Melissa
Farrington
Vice President, Enterprise Communications
262-350-6021
mfarrington@jeldwen.com
Investor Relations Contact:
James Armstrong
Vice President, Investor Relations
704-378-5731
jarmstrong@jeldwen.com
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SOURCE JELD-WEN Holding, Inc.
