MasterBrand, Inc. Files 8-K Report

TL;DR

MB is filing an 8-K, likely with financial updates or other material news.

AI Summary

On June 20, 2024, MasterBrand, Inc. filed an 8-K report. The filing primarily concerns "Other Events" and "Financial Statements and Exhibits," indicating potential updates or disclosures related to the company's financial performance or significant business occurrences. No specific financial figures or new material events were detailed in the provided excerpt.

Why It Matters

This filing signals that MasterBrand, Inc. is providing updated information to the SEC, which could include material business events or financial disclosures relevant to investors.

Risk Assessment

Risk Level: low — The provided text is a standard SEC filing notification and does not contain specific financial or operational risks.

Key Players & Entities

• MasterBrand, Inc. (company) — Registrant
• June 20, 2024 (date) — Date of earliest event reported
• 001-41545 (company) — SEC File Number
• 88-3479920 (company) — IRS Employer Identification No.
• 3300 Enterprise Parkway, Suite 300 (location) — Principal executive offices address
• Beachwood, Ohio (location) — Principal executive offices city and state
• 44122 (location) — Principal executive offices zip code
• 877-622-4782 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.01 — ich registered Common Stock, par value $0.01 per share MBC New York Stock Exchan
• $700 million — ed private offering (the "Offering") of $700 million aggregate principal amount of 7.00% Sen

Filing Documents

• ef20031387_8k.htm (8-K) — 32KB
• ef20031387_ex99-1.htm (EX-99.1) — 6KB
• image00001.jpg (GRAPHIC) — 5KB
• 0001140361-24-030743.txt ( ) — 182KB
• mbc-20240620.xsd (EX-101.SCH) — 4KB
• mbc-20240620_lab.xml (EX-101.LAB) — 21KB
• mbc-20240620_pre.xml (EX-101.PRE) — 16KB
• ef20031387_8k_htm.xml (XML) — 4KB

01

Item 8.01. Other Events. On June 20, 2024, MasterBrand, Inc. (the "Company") issued a press release announcing the pricing of its previously announced private offering (the "Offering") of $700 million aggregate principal amount of 7.00% Senior Notes due 2032 (the "Notes"). The Notes are expected to settle on or around June 27, 2024, subject to customary closing conditions. The Notes will be the Company's unsecured and unsubordinated debt obligations and will be guaranteed, on a senior unsecured basis, by the subsidiaries that guarantee the Company's credit facility. The Company intends to use the net proceeds from the Offering, together with borrowings under its new revolving credit facility and cash on hand, to fund the previously announced acquisition of Supreme Cabinetry Brands, Inc. ("Supreme"), 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. The Notes are being offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States, only to certain non-U.S. investors pursuant to Regulation S under the Securities Act. The Notes and the related guarantees will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release, dated June 20, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MASTERBRAND, INC. Date: June 20, 2024 By: /s/ R. David Banyard, Jr. Name: R. David Banyard, Jr. Title: Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR