manufacturing

Nortek to offer $235M note sale

COURTESY NORTEK
NORTEK INC. will offer $235 million in aggregate principal amount of its 8.5 percent senior notes, due 2021.
Posted 10/15/12

PROVIDENCE – Residential and commercial ventilation maker Nortek Inc. intends to offer $235 million in aggregate principal amount of its 8.5 percent senior notes, the company announced Monday.

According to a company release, Nortek intends to use all of the proceeds of the senior notes, due 2021, to repay an equal amount of debt outstanding under its term loan facility.

The company expects to use cash on hand to pay related fees and expenses.

Calendar
PBN Hosted
Events

Please join PBN on September 10th for the 3rd Annual Fastest Growing & Innovative Companies program at Rosecliff Mansion in Newport. Seating is limited so be sure to register early.
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News
    Advertisement