15 April, 2024
Owens Corning Commences Tender Offer and Masonite Commences Consent Solicitation
PDF format download (opens in new window)
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)
...
Read More
03 April, 2024
Owens Corning to Announce First-Quarter Financial Results on April 24
PDF format download (opens in new window)
Owens Corning (NYSE: OC) is scheduled to announce its first-quarter financial results on Wednesday, April 24, 2024, before the New York Stock Exchange opens. The company will host a call to discuss its financial results at 9 a.m. ET the same day. Webcast https://events.q4inc.com/attendee/185236891
A webcast replay will be available for one year using the same link. Callers Please dial in 10-15 minutes before the conference call is scheduled to begin and use the entry code 540263. U.S.: 1.833.470.1428 Canada: 1.833.950.0062 Other international locations: +1.404.975.4839
Telephone replay Telephone replay will be available one hour after the end of the call through Wednesday, May 1, 2024. Please use conference replay entry code 257137. U.S.: 1.866.813.9403 Canada: 1.226.828.7578 Other international locations: +1.929.458.6194
About Owens Corning Owens Corning is a global building and construction materials leader committed to building a sustainable
...
Read More
19 March, 2024
Owens Corning Publishes 2023 Sustainability Report
PDF format download (opens in new window)
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
...
Read More