Ply Gem amends loan, allowing for note repurchase

By Sara Rosenberg

New York, July 27 - Ply Gem Industries Inc. amended its credit facility, allowing for the use of excess cash flow and/or revolver borrowings to fund the repurchase of up to $25 million of its 9% senior subordinated notes due 2012, according to an 8-K filed with the Securities and Exchange Commission Wednesday.

The amendment was completed on Monday.

UBS is the administrative agent on the deal.

Ply Gem is a Kearney, Mo., manufacturer and distributor of products for use in the residential new construction, do-it-yourself and professional renovation markets.

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