Owens Corning (NYSE: OC), a leader in global building and construction materials, and Masonite International Corporation (“Masonite”) (NYSE: DOOR), a leading global provider of interior and exterior doors and door systems, today announced that Owens Corning has commenced an offer to purchase for cash (the “Tender Offer”) any and all outstanding 5.375% Senior Notes due 2028 issued by Masonite (the “Masonite Notes”) in connection with Owens Corning’s anticipated acquisition of Masonite. In conjunction with the Tender Offer, Masonite is soliciting consents (the “Consent Solicitation”) to adopt certain proposed amendments to the indenture governing the Masonite Notes (the “Masonite Indenture”) to eliminate certain of the covenants, restrictive provisions and events of default from such indenture (collectively, the “Proposed Amendments”). The following table sets forth the amount of the Tender Offer Consideration, Early Participation Payment, and Total Consideration (each as defined below) ...

Owens Corning (NYSE: OC) today published its 2023 Sustainability Report, Making the Difference , outlining the company’s progress toward its 2030 sustainability goals. “Owens Corning demonstrated outstanding financial and sustainability results in 2023, showcasing the power of our company’s mission to build a sustainable future through material innovation,” said Board Chair and Chief Executive Officer Brian Chambers. “This report reflects the global scope of our people and our products and the many ways they work to make the world a better place.” This marks the 18th sustainability report from Owens Corning, which published its first report in 2006. “Our 2030 sustainability goals are growing ever closer, and we believe that the targets we have set for ourselves are well within our reach,” said David Rabuano, senior vice president and chief sustainability officer. “This confidence is the result of our employees’ unparalleled engagement and enthusiasm for our mission coupled with our ...