March 7, 2017 / 9:22 PM / 5 months ago

BRIEF-Jeld-Wen Holding announces repricing of term loan

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March 7 (Reuters) - Jeld-wen Holding Inc

* Announces repricing of term loan

* A wholly owned subsidiary, has completed an amendment to reduce interest rate on its $1.2 billion term loan due 2022

* Under amended term loan, new effective interest rate is libor plus 300 basis points, a reduction of 50 basis points

* Repricing is expected to generate annualized cash interest savings of approximately $6 million Source text for Eikon: Further company coverage:

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