Brief: Patrick Industries Announces Private Offering Of $400 Million Of Senior Notes

Patrick Industries

07/10/2024 14:19

Oct 7 (Reuters) - Patrick Industries Inc  PATK.O :
    * PATRICK INDUSTRIES, INC. ANNOUNCES PRIVATE OFFERING OF
$400
MILLION OF SENIOR NOTES
    * PATRICK INDUSTRIES INC - TO OFFER $400 MILLION OF SENIOR
NOTES
DUE 2032
    * PATRICK INDUSTRIES INC - PROCEEDS TO REDEEM $300 MILLION
OF
7.500% SENIOR NOTES DUE 2027
    * PATRICK INDUSTRIES INC - NEW CREDIT FACILITY MATURITY DATE
EXPECTED TO BE OCTOBER 2029
    * PATRICK INDUSTRIES INC - TO AMEND CREDIT AGREEMENT TO
ESTABLISH
$1 BILLION FACILITY
    * PATRICK INDUSTRIES INC - NEW FACILITY TO REPLACE EXISTING
CREDIT
FACILITY MATURING IN AUGUST 2027

Source text for Eikon:  ID:nPn8G58Xga 
Further company coverage:  PATK.O 

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