Published 6 days ago • loading... • Updated 6 days ago
Cabinetworks Group Announces Results of Consent Solicitation
Holders representing 92.71% of the notes approved the proposed amendments, and the supplemental indenture has been executed, the company said.
On May 15, 2026, Cabinetworks Group secured valid consents representing 92.71% of the principal amount of its outstanding Senior Notes due 2029, meeting the Requisite Consents threshold.
The Company commenced a solicitation of consents on May 8, 2026, seeking to amend the indenture governing its $498.5 million in outstanding 6.375% Senior Notes due 2029.
Holders representing approximately 92.71% of the Notes provided valid consents, while the Company and its affiliates currently own $316.0 million of the outstanding debt.
Executed on May 14, 2026, The Supplemental Indenture effecting the Proposed Amendments will become operative at the Supplemental Indenture Operative Time following receipt of Requisite Consents.
As the largest privately held cabinetmaker in the United States, Cabinetworks Group operates 20 locations and 16 manufacturing facilities, advised by Milbank LLP and Houlihan Lokey.