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| | | | Filed Pursuant to Rule 433 Issuer Free Writing Prospectus dated March 1, 2021 Registration No. 333-253702 |
JELD-WEN Holding, Inc. Announces Launch of Secondary Offering and Repurchase of Common Stock
CHARLOTTE, N.C., March 1, 2021 /PRNewswire/ — JELD-WEN Holding, Inc. (the “Company”) (NYSE: JELD) today announced that Onex Corporation and certain investment funds managed by Onex Partners Manager LP and its affiliates (collectively, the “selling shareholders”) intend to offer 7,000,000 shares of the Company’s common stock for sale in an underwritten public offering. The shares will be offered to the public at a fixed price, which may be changed at any time without notice.
The Company is not selling any shares in this offering and will not receive any proceeds from the sale of shares by the selling shareholders in this offering.
Subject to the completion of the offering, the Company intends to repurchase 800,000 of the aggregate 7,000,000 shares of the Company’s common stock that are the subject of the offering (the “share repurchase”). The price per share to be paid by the Company will equal the price at which the underwriter will purchase the shares from the selling shareholders in the offering. Accordingly, the number of shares of the Company’s common stock available to the general public will be 6,200,000 shares. The offering of shares is not conditioned upon the completion of such share repurchase.
Goldman Sachs & Co. LLC is acting as sole underwriter in the offering.
The Company may file a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (the “SEC”) for the offering to which this communication relates. Before making any investment decision, you should read the prospectus in that registration statement and the documents incorporated by reference in that registration statement for more complete information about the Company and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Nothing in this press release should be construed as an offer to sell, or the solicitation of an offer to buy, any securities subject to the share repurchase.
About JELD-WEN
JELD-WEN, founded in 1960, is one of the world’s largest door and window manufacturers, operating manufacturing and distribution facilities in 19 countries located primarily in North America, Europe and Australia. Headquartered in Charlotte, N.C., JELD-WEN designs, produces and distributes an extensive range of interior and exterior doors, wood, vinyl and aluminum windows and related products for use in the new construction and repair and