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Headwaters Incorporated Announces Launch of $425 Million Term Loan

2015-02-28 12:46:45| Oil & Gas - Topix.net

HEADWATERS INCORPORATED , a building products company dedicated to improving lives through innovative advancements in construction materials, today announced that it is launching a proposed senior secured Term Loan facility in an expected aggregate principal amount of $425 million . Headwaters expects to use the proceeds of the Term Loan to repay and redeem in full the existing $400 million in aggregate principal amount of its 7-5/8% Senior Secured Notes due 2019, to pay transaction fees and expenses and for working capital and general corporate purposes.

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