MasterBrand (MBC) said it intends to offer $700 million aggregate principal amount of Senior Notes due 2032, to be issued by the company and guaranteed on a senior unsecured basis by the subsidiaries that guarantee the company's credit facility. The Notes will be offered only to persons reasonably believed to be qualified institutional buyers.
MasterBrand plans to use the net proceeds, together with borrowings under new revolving credit facility and cash on hand, to fund the previously announced acquisition of Supreme Cabinetry Brands, refinance the company's existing revolving credit facility and Term Loan A credit facility, and pay fees and expenses associated with the refinancing of the existing credit agreement, the issuance and proceeds of the Notes and the acquisition of Supreme.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.