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Firm News

Julie Cohen
Director of Marketing and Communications

Cahill Represents Financing Sources in $2.7 Billion of Debt Financings, Consisting of a $1,654.2 Million Term Loan, a $700 Million Secured Notes Offering and a $325 Million ABL Revolving Facility for MITER Brand’s acquisition of PGT Innovations, Inc.

Date: 03/28/24

Cahill represented the lead arrangers in connection with a $1,654,200,000 term B loan credit facility for MITER Brands Acquisition Holdco, Inc. and PGT Innovations, LLC and a $325,000,000 asset-based revolving credit facility for MI Windows and Doors, LLC, MI Profiles, LLC and Milgard Manufacturing LLC, each indirect subsidiaries of MITER Brands Holding Co LLC, as well as the initial purchasers in connection with a Rule 144A/Regulation S offering of $700,000,000 aggregate principal amount of 6.75% senior secured notes due 2032 by MITER Brands Acquisition Holdco, Inc. and PGT Innovations, LLC. Proceeds from the term loans and the senior secured notes were used to finance in part MITER’s acquisition of PGT Innovations, Inc., refinancing existing indebtedness of MITER and PGT Innovations and to otherwise provide for working capital and general corporate purposes. MITER is an American manufacturer of vinyl, aluminum, and fiberglass windows and patio doors.