JELD-WEN Extends Debt Maturities and Raises $135 Million
News related to:JELD-WEN Holding, Inc · 2 min read
CHARLOTTE, N.C., Sept. 29, 2026 /CourierPR/ -- JELD-WEN Holding, Inc., a leading global designer, manufacturer, and distributor of high-performance interior and exterior doors, windows, and related building products, has announced a significant agreement to extend the maturities of its debt and raise additional liquidity. The company has entered into a commitment and consent letter with a substantial group of its lenders and noteholders, securing the extension of its 2027 Notes and 2028 Term Loans maturities to 2031. According to the terms of the agreement, approximately 94.5% of the 2027 Notes and 72.2% of the 2028 Term Loans have agreed to the extension. This move is expected to bring $135 million of new money debt financing into the business, providing JELD-WEN with greater financial flexibility to support its operations and business plan.
JELD-WEN operates facilities in 14 countries across North America and Europe, employing approximately 13,900 associates dedicated to bringing beauty and security to the spaces that touch our lives. The company's focus remains unchanged: serving its customers, improving productivity, reducing costs, and managing cash with discipline.
The company intends to commence certain exchange offers to holders of the 2027 Notes and 2028 Term Loans to implement the transactions. JELD-WEN's legal counsel, Kirkland & Ellis LLP, and financial advisor, Evercore Group L.L.C., are supporting the company through this process. The commitment and consent letter collectively represents approximately 94.5% of the 2027 Notes and approximately 72.2% of the 2028 Term Loans, pursuant to which the parties have agreed to consummate a series of transactions (the "Transactions") that will refinance and/or exchange the Company's existing 2027 Notes and 2028 Term Loans for new first lien debt maturing in 2031 and raise $135 million of new money debt financing. In the coming weeks, the Company intends to commence certain exchange offers to holders of the 2027 Notes and 2028 Term Loans to implement the Transactions.
The Annual Report on Form 10-K for the year ended December 31, 2025, and the Quarterly Reports on Form 10-Q filed in 2026 contain additional information about the company's financial condition and operations.