StockWatch
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Building Materials
Loan & DebtJun 26, 2026, 06:07 AM

James Hardie Redeems $400M Senior Unsecured Notes

AI Summary

James Hardie Industries plc announced that its wholly-owned subsidiary, James Hardie International Finance Designated Activity Company, redeemed US$400 million aggregate principal amount of its 5.00% Senior Unsecured Notes due 2028. The redemption took place on June 25, 2026, at a price equal to 100% of the principal amount plus accrued and unpaid interest. Following the redemption, these notes are no longer outstanding, and interest will cease to accrue.

Key Highlights

  • Redeemed US$400 million Senior Unsecured Notes.
  • Notes carried a 5.00% interest rate.
  • Notes were originally due in 2028.
  • Redemption price was 100% of principal amount.
  • Redemption occurred on June 25, 2026.
  • Action taken by wholly-owned subsidiary.