Posts Tagged ‘ recapitalization transactions ’

Associated Materials Completes Recapitalization Transactions

Aug 25th, 2020

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 Recapitalizes to Strengthen Balance Sheet

Aug 4th, 2020

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‚Äôs $675 million 9% […]