Associated Materials $675 million 9% notes issue

22/11/2016

Investment grade bond/note issue

Value:

$ 675 million

Status:

Completed

Date:

22/11/2016

Overview:

Residential building products manufacturer and distributor Associated Materials has made a $675 million 9% notes offering.
The notes were offered under Rule 144A and are due 2024.
The proceeds are to be used to refinance existing indebtedness.
The bookrunners were Goldman Sachs and UBS.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

United States

Industry sector:

Industrials and manufacturing

Firms:

Cahill Gordon & Reindel

Party: Goldman Sachs (Bookrunner)

Party: UBS (Bookrunner)

Lawyer: John Tripodoro

Simpson Thacher & Bartlett

Party: Associated Materials (Issuer)

Lawyers: Bill Brentani, Brian Steinhardt

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