James Hardie Announces Redemption of Senior Unsecured Notes

BY Business Wire | CORPORATE | 05:22 PM EDT

CHICAGO--(BUSINESS WIRE)--

James Hardie Industries plc (JHIUF) ("James Hardie" or the "Company"), a leading provider of exterior home and outdoor living solutions, today announced that James Hardie International Finance Designated Activity Company, its wholly-owned subsidiary, redeemed on June 25th, 2026 (the ?Redemption Date?) its US$400 million aggregate principal amount 5.00% Senior Unsecured Notes due 2028 (the ?Notes?) (ISIN USG4253KAB01/ISIN US47032FAB58). The redemption price for the Notes is equal to 100% of principal amount of the Notes redeemed, plus any accrued and unpaid interest thereon to, but excluding, the Redemption Date.

On and after the Redemption Date, the Notes will no longer be deemed outstanding and interest will no longer accrue on the Notes. Payment of the redemption price for the Notes was made through the facilities of Deutsche Bank Trust & Agency Operations.

For the purposes of ASX Listing Rule 15.5, James Hardie confirms that this document has been authorised for release to the market by Aoife Rockett, Company Secretary.

About James Hardie

James Hardie Industries plc (JHIUF) is the industry leader in exterior home and outdoor living solutions, with a portfolio that includes fiber cement, fiber gypsum, and composite and PVC decking and railing products. Products offered by James Hardie are engineered for beauty, durability, and climate resilience, and include trusted brands like Hardie?, TimberTech?, AZEK? Exteriors, Versatex?, fermacell? and StruXure?. With a global footprint, the James Hardie portfolio is marketed and sold throughout North America, Europe, and the Asia-Pacific region. James Hardie Industries plc (JHIUF) is a limited liability company incorporated in Ireland with its registered office at 1st Floor, Block A, One Park Place, Upper Hatch Street, Dublin 2, D02 FD79, Ireland.

Source: James Hardie Industries plc (JHIUF)

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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