CHARLOTTE, N.C.--(BUSINESS WIRE)--JELD-WEN Holding, Inc. (“JELD-WEN” or the “Company”) today announced the
pricing of its initial public offering of 25,000,000 shares of its
common stock at a public offering price of $23 per share. Of those
shares, the Company is selling 22,272,727 shares and certain
stockholders of the Company affiliated with Onex Corporation are selling
2,727,273 shares. The selling stockholders have also granted the
underwriters a 30-day option to purchase up to an additional 3,750,000
shares. Shares of the Company’s common stock are expected to begin
trading on January 27, 2017 on the New York Stock Exchange under the
symbol “JELD.” The offering is expected to close on February 1, 2017,
subject to the satisfaction of customary closing conditions.
Barclays, Citigroup, Credit Suisse, J.P. Morgan, Deutsche Bank
Securities, RBC Capital Markets, BofA Merrill Lynch, Goldman, Sachs &
Co., and Wells Fargo Securities are acting as joint book-running
managers in the offering. Baird, FBR, and SunTrust Robinson Humphrey are
acting as co-managers in the offering.
The offering of these securities is being made only by means of a
prospectus. Copies of the final prospectus may be obtained, when
available, from: Barclays, c/o Broadridge Financial Solutions, 1155 Long
Island Avenue, Edgewood, New York 11717, by telephone at (888) 603-5847
or by email at barclaysprospectus@broadridge.com;
or Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island
Avenue, Edgewood, New York 11717, by telephone at (800) 831-9146.
A registration statement relating to these securities was declared
effective by the Securities and Exchange Commission on January 26, 2017.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy these securities, nor shall there be any
sale of these securities in any state or jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About JELD-WEN
JELD-WEN, founded in 1960, is one of the world’s largest door and window
manufacturers, operating 115 manufacturing facilities in 19 countries
located primarily in North America, Europe and Australia. Headquartered
in Charlotte, North Carolina, JELD-WEN designs, produces and distributes
an extensive range of interior and exterior doors, wood, vinyl and
aluminum windows and related products for use in the new construction
and repair and remodeling of residential homes and non-residential
buildings. Our products are marketed globally under the JELD-WEN®
brand, along with several market-leading regional brands such as Swedoor®
and DANA® in Europe and Corinthian®, Stegbar®,
and Trend® in Australia.
Contacts
Investor Relations:
JELD-WEN Holding, Inc.
704-378-7007
investors@jeldwen.com
or
Media
Relations:
CMD
Colby Reade, 503-488-4209
creade@cmdagency.com
JELD-WEN@cmdagency.com