Page 9 - மூலையில் கட்டிடம் பிராண்டுகள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Luke Bryan partners with Cornerstone Building Brands to help create affordable housing
wincountry.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wincountry.com Daily Mail and Mail on Sunday newspapers.
Business Notes: April 25, 2021
thegazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thegazette.com Daily Mail and Mail on Sunday newspapers.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Cornerstone Building Brands Announces Completion of Debt Refinancing and Repayment of its $645 million, 8.00% Senior Notes
April 15, 2021 GMT
CARY, N.C. (BUSINESS WIRE) Apr 15, 2021
Cornerstone Building Brands, Inc. (NYSE: CNR) (the “Company”), the largest manufacturer of exterior building products in North America, today announced that it has fully redeemed its $645 million aggregate principal amount of 8.00% Senior Notes due 2026 (the “Notes”) using available cash from the balance sheet and net proceeds from its extended and upsized senior term loan facility. The Company successfully upsized and extended the maturity of its $2,498 million senior term loan facility due 2025 in the form of $2,600 million in Tranche B term loans due April 12, 2028. Additionally, the Company has amended and refinanced its senior cash flow based and asset-based revolving credit facilities, extendin
Tackling the Downsides of Wood Siding
TruExterior, like many siding products on the market, is designed to emulate the look of painted wood, once the dominant siding material in the U.S. Wood hit its peak market share 44% in 1981 and 1982, but those numbers decreased drastically as homebuyers developed a distaste for the maintenance and rot often associated with the material. A new generation of wood products hopes to address those issues.
Wood products from companies such as Thermory USA, which offers a heat-treated product, or modified wood products from Lignia and Kebony, promise updated and enhanced performance attributes.
Thermory says its ash, pine, and spruce products undergo a heat-treatment process that modifies each board to the core, “leading to unequaled durability and stability without sacrificing the natural qualities of real wood.” Thermory promises 20 to 25-plus years of rot resistance.
Operator
Ladies and gentlemen, thank you for standing by, and welcome to Cornerstone Building Brands Fourth Quarter 2020 Earnings Call. [Operator Instructions] Please be advised that today s conference is being recorded. [Operator Instructions] I would now like to hand the conference over to your speaker today, Tina Beskid, Vice President of Finance and IR. You may begin.
Tina Beskid
Investor Relations
Good morning and thank you for your interest in Cornerstone Building Brands. Joining me today are Jim Metcalf, Chairman and Chief Executive Officer; and Jeff Lee, Executive Vice President and Chief Financial Officer. Please be reminded that comments regarding the company s results and projections may include forward-looking statements that are subject to risks and uncertainties. These risks are described in detail in the company s SEC filings, earnings release and our investor presentation. The company s actual results may differ materially from the anticipated performance or re
vimarsana © 2020. All Rights Reserved.