You are browsing the archive for -.

Golden Gate, Kenner Complete Atrium Recap

Posted on: May 3, 2010 by PEHub AdministratorNo Comments »

Golden Gate Capital and Kenner & Co. have completed their previously-announced recapitalization of Atrium Companies Inc., a maker of vinyl and aluminum windows and patio doors. Atrium had filed for Chapter 11 bankruptcy in January. The recap cuts its pre-bankruptcy debt by more than 60%, with existing owners Golden Gate and Kenner investing more than $170 million in equity capital. The firms originally announced plans to invest $125 million.

Atrium Files for Chapter 11

Posted on: January 20, 2010 by PEHub AdministratorNo Comments »

NEW YORK (Reuters) – Atrium Cos Inc., a maker of windows and patio doors, said on Wednesday it filed for Chapter 11 bankruptcy after reaching agreement with lenders to cut its debt through a prearranged restructuring plan. Two-thirds of Atrium’s senior secured lenders have agreed on a plan to cut debt by more than $350 [...]