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PGTI - PGTI to issue additional 6.75% senior notes due 2026
PGT Innovations Inc.
PGT Innovations (PGTI) to offer $60M of additional 6.75% senior notes due 2026. The additional notes are being offered to finance, together with cash on hand, the cash portion of the acquisition of 75% stake in Eco Window.The company intends to apply proceeds of the additional notes to repay amounts outstanding under its existing term loan credit facility and for general corporate purposes, including future acquisitions.Previously: PGT Innovations to buy 75% stake in Eco Window for $108M (Jan. 7)