“We delivered record revenue of $1.9 billion, generating adjusted EBIT of $231 million.”

Brian Chambers - Chief Executive Officer
July 24, 2019 – Q2 2019 Earnings Call

Why Owens Corning

OWENS CORNING develops, manufactures and markets insulation, roofing, and fiberglass composites. A Fortune 500® company for 65 consecutive years, the company develops solutions that save energy and improve comfort in commercial and residential buildings. Through its glass reinforcements business, Owens Corning makes thousands of products lighter, stronger and more durable.

Investor Resources

Stock Quote

Price54.90 Change-1.97 Volume: 1,179,432 % Change-3.46% August 23, 2019 Pricing delayed 20 minutes

Press Releases

12 August, 2019 Owens Corning Announces Pricing of Cash Tender Offers for Certain of its Outstanding Notes PDF format download (opens in new window)
Owens Corning (NYSE:OC) today announced the determination of the pricing for its previously announced cash tender offers (the “Tender Offers”) to purchase up to $450.0 million combined aggregate principal amount (the “Maximum Tender Amount”) of its 4.200% Senior Notes due 2022 (the “2022 Notes”) and 7.000% Senior Notes due 2036 (the “2036 Notes” and, together with the 2022 Notes, the “Notes”). The terms and conditions of the Tender Offers are described in the Offer to Purchase, dated July 29, 2019 (the “Offer to Purchase”), and related Letter of Transmittal (the “Letter of Transmittal”). Owens Corning will pay holders who validly tendered and did not validly withdraw their Notes at or prior to 5:00 p.m., New York City time, on August 9, 2019 (the “Early Tender Time”), the Total Tender Offer Consideration of $1,058.06 for each $1,000 principal amount of its 2022 Notes accepted for purchase and $1,266.47 for each $1,000 principal amount of its 2036 Notes accepted for purchase, plus, in ...
12 August, 2019 Owens Corning Issues $450 Million Green Bond PDF format download (opens in new window)
Owens Corning (NYSE: OC) has completed the issuance of its inaugural green bond, in keeping with its aspiration to be a net-positive company whose handprint is greater than its footprint. This $450 million bond is payable over 10 years at a coupon rate of 3.95%. In conjunction with the bond, the company has committed to spend $445 million on eligible sustainability projects. Joining other leaders in sustainability, Owens Corning is the first U.S. industrial company to issue a green bond. “We are pleased to announce our first green bond. Owens Corning is dedicated to running a sustainable enterprise that benefits both the environment and our shareholders,” Chief Executive Officer Brian Chambers said. “Our 20,000 employees around the world work every day on improving our products and processes to ensure that we are making the world a better place. It’s encouraging that so many investors see value in supporting our green efforts.” The committed funds are being used to further the ...
09 August, 2019 Owens Corning Announces Early Tender Results of Cash Tender Offers for Certain of Its Outstanding Notes PDF format download (opens in new window)
Owens Corning today announced the early tender results for its previously announced cash tender offers (the “Tender Offers”) to purchase up to $450.0 million combined aggregate principal amount (the “Maximum Tender Amount”) of its 4.200% Senior Notes due 2022 (the “2022 Notes”) and 7.000% Senior Notes due 2036 (the “2036 Notes” and, together with the 2022 Notes, the “Notes”) and its election, with respect to the Notes validly tendered and not validly withdrawn at or prior to the Early Tender Time (as defined below), to make payment for such Notes on August 13, 2019 (the “Early Settlement Date”). The terms and conditions of the Tender Offers are described in the Offer to Purchase, dated July 29, 2019 (the “Offer to Purchase”) and related Letter of Transmittal (the “Letter of Transmittal”). The table below identifies the principal amount of each series of the Notes validly tendered and not validly withdrawn as of 5:00 p.m., New York City time, on August 9, 2019 (the “Early Tender Time”) ...

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