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Owens Corning Proposes Buyout of Masonite’s Senior Notes

Owens Corning Proposes Buyout of Masonite’s Senior Notes

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Masonite International (DOOR) has provided an announcement.

Masonite International Corporation and Owens Corning have announced a cash offer by Owens Corning to purchase all of Masonite’s 5.375% Senior Notes due 2028, alongside a consent solicitation for note holders to agree to certain amendments to the notes’ governing indenture. This move is part of the anticipated acquisition of Masonite by Owens Corning. Investors and security holders are advised to read the Proxy Statement and other SEC filings to understand the full implications of the transaction and make informed decisions.

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