JELD-WEN Holding Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Financial Statements and Exhibits
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): March 26, 2025
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Item 1.01 Entry into a Material Definitive Agreement.
On March 26, 2025, JELD-WEN Holding, Inc., a Delaware corporation (the “Company”), JELD-WEN, Inc., a wholly-owned subsidiary of the Company (“JW, Inc.”), JELD-WEN of Canada, Ltd., a wholly-owned subsidiary of the Company (“JW Canada”), and other borrowers and subsidiary guarantors party thereto entered into an Amendment No. 8 (“Amendment”) to its existing Revolving Credit Agreement (“Credit Agreement”), dated as of October 15, 2014 (as amended by Amendment No. 1, dated as of July 1, 2015, Amendment No. 2, dated as of November 1, 2016, Amendment No. 3, dated as of December 14, 2017, Amendment No. 4, dated as of December 21, 2018, Amendment No. 5, dated as of December 31, 2019, Amendment No. 6, dated as of July 28, 2021, and Amendment No. 7, dated as of June 15, 2023), by and among the Company, JW, Inc., JW Canada, the other borrowers and subsidiary guarantors party thereto, Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto. The Amendment: (i) extends the maturity date from July 2026 to March 2028; (ii) replaces the Canadian Dealer Offered Rate (CDOR) as the applicable rate with respect to loans denominated in Canadian Dollars with the Canadian Overnight Repo Rate Average (CORRA); and (iii) makes certain other technical amendments and related conforming changes. All other material terms and conditions of the Credit Agreement were unchanged.
The foregoing description of the Amendment is qualified in its entirety by reference to the full text of the Amendment, a copy of which is filed herewith as Exhibit 10.1 and is hereby incorporated by reference.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The disclosure set forth under Item 1.01 is incorporated by reference into this Item 2.03.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | ||||
| 10.1* | |||||
| 104 | Cover Page Interactive Data file (formatted as Inline XBRL). | ||||
* Certain schedules and exhibits omitted pursuant to Item 601(a)(5) of Regulation S-K promulgated by the SEC. The Company agrees to furnish supplementally a copy of any omitted schedule or exhibit to the SEC upon request.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: March 26, 2025 | JELD-WEN HOLDING, INC. | |||||||||||||
| By: | /s/ James S. Hayes | |||||||||||||
| James S. Hayes | ||||||||||||||
| Executive Vice President, General Counsel and Corporate Secretary | ||||||||||||||