LP Building Solutions (PRNewsfoto/Louisiana-Pacific Corporation)
- By Louisiana-Pacific Corporation
- Updated
LP Building Solutions (PRNewsfoto/Louisiana-Pacific Corporation)
By Louisiana-Pacific Corporation
TownNews.com Content Exchange
TownNews.com Content Exchange
As featured on
NASHVILLE, Tenn., Feb. 25, 2021 /PRNewswire/ -- Louisiana-Pacific Corporation ("LP") (NYSE: LPX) today announced the commencement of an offering (the "Notes Offering") of $350 million in aggregate principal amount of senior notes due 2029 (the "Senior Notes"). The Senior Notes will be unsecured senior obligations of LP. LP intends to use the net proceeds from the Notes Offering, together with cash on hand, to purchase, redeem or otherwise acquire, all of the $350 million in aggregate principal amount of its 4.875% Senior Notes due 2024 (the "2024 Senior Notes"). This press release shall not constitute a notice of redemption for the 2024 Senior Notes.
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