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Clients rely on our Finance Group to help them navigate the business and legal complexities of novel and multi-dimensional debt financing transactions. Our versatile finance practitioners work closely with our mergers and acquisitions, securities, tax, real estate and bankruptcy lawyers to provide seamless advice and innovative solutions that address our clients' debt financing needs related to all types of transactions and capital structures.
Ply Gem Closes $930 Million Refinancing
- Client News
- January 30, 2014
Paul, Weiss client Ply Gem Industries, Inc., a leading manufacturer of exterior building products in North America, closed a $430 million term loan facility and a private offering of $500 million 6.50% Senior Notes due 2022. The net proceeds of the offering and the term loan, as well as cash on hand, were used to refinance in full Ply Gem's outstanding Senior Secured Notes and old Senior Notes. With this refinancing the company has lowered its interest cost and extended maturities on all of its funded debt.