Owens Corning Files 8-K for Material Definitive Agreement

Ticker: OC · Form: 8-K · Filed: 2024-05-22T00:00:00.000Z

Sentiment: neutral

Topics: material-definitive-agreement, financial-obligation, 8-k

TL;DR

OC just signed a big deal, filing an 8-K. Details TBD.

AI Summary

On May 22, 2024, Owens Corning entered into a material definitive agreement related to its financial obligations. The company, headquartered in Toledo, Ohio, filed an 8-K report detailing this event. Specific details regarding the agreement's terms and financial impact were not fully disclosed in the provided excerpt.

Why It Matters

This filing indicates a significant new financial commitment or obligation for Owens Corning, which could impact its financial health and future operations.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements can introduce new financial risks or obligations that may not be immediately apparent.

Key Players & Entities

Owens Corning (company) — Registrant
May 22, 2024 (date) — Date of earliest event reported
Toledo, Ohio (location) — Principal executive offices location
419-248-8000 (phone_number) — Registrant's telephone number

FAQ

What is the nature of the material definitive agreement Owens Corning entered into?

The filing indicates an 'Entry into a Material Definitive Agreement' and 'Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant,' but specific details are not provided in this excerpt.

When was the earliest event reported in this 8-K filing?

The earliest event reported was on May 22, 2024.

Where is Owens Corning's principal executive office located?

Owens Corning's principal executive offices are located at One Owens Corning Parkway, Toledo, Ohio, 43659.

What is the SEC file number for Owens Corning?

Owens Corning's SEC file number is 001-33100.

What is the IRS Employer Identification Number for Owens Corning?

Owens Corning's IRS Employer Identification Number is 43-2109021.

From the Filing

0001193125-24-144967.txt : 20240522 0001193125-24-144967.hdr.sgml : 20240522 20240522161540 ACCESSION NUMBER: 0001193125-24-144967 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240522 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240522 DATE AS OF CHANGE: 20240522 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Owens Corning CENTRAL INDEX KEY: 0001370946 STANDARD INDUSTRIAL CLASSIFICATION: ABRASIVE ASBESTOS & MISC NONMETALLIC MINERAL PRODUCTS [3290] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33100 FILM NUMBER: 24973467 BUSINESS ADDRESS: STREET 1: ONE OWENS CORNING PARKWAY CITY: TOLEDO STATE: OH ZIP: 43659 BUSINESS PHONE: 419-248-8000 MAIL ADDRESS: STREET 1: ONE OWENS CORNING PARKWAY CITY: TOLEDO STATE: OH ZIP: 43659 FORMER COMPANY: FORMER CONFORMED NAME: Owens Corning (Reorganized) Inc. DATE OF NAME CHANGE: 20060731 8-K 1 d821981d8k.htm 8-K 8-K false 0001370946 0001370946 2024-05-22 2024-05-22     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C., 20549     Form 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 22, 2024     Owens Corning (Exact name of registrant as specified in its charter)       DE   1-33100   43-2109021 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)   One Owens Corning Parkway Toledo , Ohio   43659 (Address of principal executive offices)   (Zip Code) 419 - 248-8000 (Registrant’s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, par value $0.01 per share   OC   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). ☐  Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 1.01 Entry Into a Material Definitive Agreement. Exchange Offer As previously announced, on May 14, 2024, Owens Corning, a Delaware corporation (“Owens Corning”), issued a press release announcing the early results of its previously announced offer to exchange (the “Exchange Offer”) any and all 3.50% Senior Notes due 2030 (the “Existing Masonite Notes”) issued by Masonite Internatio