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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.
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Cabinetworks Group Announces Results of Consent Solicitation
NEW YORK, May 15, 2026 /PRNewswire/ -- ACPRODUCTS HOLDINGS, INC. (the "Company"), the parent of Cabinetworks Group, commenced a solicitation of consents from holders (the "Holders") of its outstanding $498.5 million 6.375% Senior Notes due 2029 (CUSIP Nos. 92641P AA4…
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Total News Sources49
Leaning Left6Leaning Right6Center17Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
L 21%
C 58%
R 21%
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