Owens Corning Announces May 22, 2024 As Settlement Date For Exchange Offer And Consent Solicitation
Portfolio Pulse from Benzinga Newsdesk
Owens Corning (NYSE:OC) has announced May 22, 2024, as the Early Settlement Date for its exchange offer and consent solicitation involving Masonite International Corporation's 3.50% Senior Notes due 2030. The exchange offer and consent solicitation are subject to the terms and conditions set forth in the offering memorandum and consent solicitation statement dated May 1, 2024.
May 20, 2024 | 8:27 pm
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Owens Corning has set May 22, 2024, as the Early Settlement Date for its exchange offer and consent solicitation involving Masonite's 3.50% Senior Notes due 2030.
The announcement of the Early Settlement Date for the exchange offer and consent solicitation is a significant corporate action that could positively impact Owens Corning's stock price in the short term. It indicates progress in the company's financial strategy and could be seen as a positive move by investors.
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