North American manufacturer and distributor of exterior building products Associated Materials (AMI) recently announced that it has closed the series of recapitalization transactions to de-lever its balance sheet and enhance its liquidity position. As part of the recapitalization transactions, Associated Materials and AMH New Finance, Inc. issued $250 million, 9% Senior Secured Notes due 2025, […]

Associated Materials, a North American manufacturer and distributor of exterior building products, announced Monday that it has entered into definitive agreements for a series of recapitalization transactions that the company says will de-lever its balance sheet and enhance its liquidity position significantly. Under the transactions, holders of over 99% of the Company’s $675 million 9% […]