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Market Chatter: Jeld-Wen, Creditors Negotiate Amend-and-Extend Deal

Market Chatter: Jeld-Wen, Creditors Negotiate Amend-and-Extend Deal

MT newswireMT newswire2026/09/21 23:57
07:57 PM EDT, 09/21/2026 (MT Newswires) -- Jeld-Wen Holding Inc. and some of its creditors are negotiating an amend-and-extend transaction that could include new capital from unsecured creditors seeking secured status, Bloomberg reported Monday, citing people familiar with the matter. Lenders to the company's first-lien loan due 2028 would have the option to extend at par or be repaid at a discount, with unsecured noteholders moving to a first-lien position on equal footing with existing term loan lenders, according to the report. A lender group has retained Moelis & Co. and Gibson Dunn & Crutcher, while unsecured bondholders are working with Houlihan Lokey and Davis Polk & Wardwell, the report said. Jeld-Wen Holding did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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