Gibraltar Industries, Inc. Announces Proposed Private Offering of $210 Million in Senior Subordinated Notes
January 15, 2013 at 10:01 pm
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Gibraltar Industries, Inc. announced that it intends to commence an offering of $210 million in aggregate principal amount of senior subordinated notes due 2021, subject to market and other conditions. The Notes will be guaranteed on an unsecured senior basis by certain of the company's existing and future subsidiaries. The company intends to use the net proceeds from the offering to repurchase all of the company's outstanding 8% Senior Subordinated Notes due 2015.
The Notes will only be offered and sold to qualified institutional buyers in the United States in reliance on the exemption from registration set forth in Rule 144A of the Securities Act of 1933, as amended and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act.
Gibraltar Industries, Inc. is a manufacturer and provider of products and services for the renewable energy, residential, agtech, and infrastructure markets. The Companyâs segments include Renewables, Residential, Agtech, and Infrastructure. The Renewables segment is engaged in designing, engineering, manufacturing and installation of solar racking and electrical balance of systems. The Residential segment includes products, such as roof and foundation ventilation products, single point and centralized mail systems and electronic package solutions, retractable awnings and gutter guards, and rain dispersion, trims and flashings, other accessories. The Agtech segment provides products and services, including the designing, engineering, manufacturing, construction, maintenance and support of greenhouses and indoor growing operations. The Infrastructure segment provides engineered solutions for bridges, highways and airfields, including structural bearings, expansion joints, and others.
GIBRALTAR INDUSTRIES, INC. 
