JELD-WEN Holding, Inc. (NYSE:JELD) ("JELD-WEN" or the "Company") today announced it has entered into a commitment and consent letter with a significant group of its lenders and noteholders to address its near-term debt maturities and strengthen the Company's capital structure. Under the agreement, JELD-WEN expects to extend the maturities of its 4.875% Senior Notes due 2027 (the "2027 Notes") and its 2028 term loans (the "2028 Term Loans") to 2031 and raise $135 million of new money debt financing. The agreement secures additional capital and maturity runway to support the Company's operations and business plan.
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