Latest Norcraft Companies Inc (NCFT) Headlines
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Norcraft Companies Schedules Earnings Release and Conference Call for Fourth Quarter and Full Year 2013 Results
Business Wire - Thu Feb 27, 6:01AM CST
Norcraft Companies, Inc. ("we," the "Company" or "Norcraft") (NYSE:NCFT), a leading manufacturer of kitchen and bathroom cabinetry in the United States and Canada, announced today that the Company will release its fourth quarter and full year 2013 financial results before the market opens on Tuesday, March 25, 2014. A conference call will be held that same day at 10:00 a.m. Eastern time to review fourth quarter and full year 2013 results, discuss recent events and conduct a question-and-answer period.
Norcraft Companies Completes Redemption of Senior Notes Due 2015
Business Wire - Mon Dec 16, 3:05PM CST
Norcraft Companies, Inc. ("we," the "Company" or "Norcraft") (NYSE:NCFT), a leading manufacturer of kitchen and bathroom cabinetry in the United States and Canada, announced today that the Company satisfied and discharged its $240 million outstanding senior secured notes on December 13, 2013 and redeemed such notes on December 16, 2013. The notes were set to mature in 2015, had a fixed annual interest rate of 10.5% and represented the Company's entire long-term debt outstanding prior to redemption.
Norcraft Companies, Inc. Announces Exercise of Over-Allotment Option
Business Wire - Tue Nov 19, 3:01PM CST
Norcraft Companies, Inc. ("we," the "Company" or "Norcraft") (NYSE:NCFT), a leading manufacturer of kitchen and bathroom cabinetry in the United States and Canada, announced today that the underwriters of its recent initial public offering have fully exercised their option to purchase up to 959,561 additional shares of the Company's common stock. Including these additional 959,561 shares, the Company's common stock offering totaled 7,356,634 shares at a price to the public of $16.00 per share. The sale of these additional shares closed on November 19, 2013. Including the proceeds from the sale of these additional shares, the aggregate net proceeds to the Company from the initial public offering, after deducting underwriting discounts and commissions and estimated offering expenses, are approximately $106.5 million.
Norcraft Companies, Inc. Announces Upsizing and Pricing of Initial Public Offering of Common Stock
Business Wire - Wed Nov 06, 7:01PM CST
Norcraft Companies, Inc. ("we," the "Company" or "Norcraft"), a leading manufacturer of kitchen and bathroom cabinetry in the United States and Canada, announced today the upsizing and pricing of its initial public offering. The size of the offering has been increased from the previously announced 5,882,353 shares of common stock to 6,397,073 shares of common stock at a price of $16.00 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 959,561 shares from the Company. The Company's common stock will begin trading on November 7, 2013 on the New York Stock Exchange under the symbol "NCFT." The offering is expected to close on November 12, 2013, subject to market and other conditions.
Norcraft Companies, Inc. Announces Launch of Initial Public Offering of Common Stock
Business Wire - Mon Oct 28, 5:29AM CDT
Norcraft Companies, Inc. ("we," the "Company" or "Norcraft"), a leading manufacturer of kitchen and bathroom cabinetry in the United States and Canada, announced today the launch of its initial public offering of 5,882,353 shares of its common stock. The initial public offering price is expected to be between $16.00 to $18.00 per share. The Company expects to grant the underwriters an option to purchase up to an additional 882,353 shares of common stock. The Company has been approved to list its common stock on the New York Stock Exchange under the symbol "NCFT." The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
First Trust Bank of Illinois Updates Infrastructure with Safe Systems, Takes IT Management to an Outsourced, Hosted Model
Business Wire - Wed Jan 16, 8:00AM CST
Safe Systems, recently ranked among the top providers in the Technology 200 List, and national leader in compliance-centric IT support and hosted services exclusively to financial institutions, today announced First Trust Bank of Illinois has selected and successfully implemented Safe Systems' IT network management solution, NetComply, as well as additional services, in order to address regulatory changes and evolving FFIEC guidelines. The bank has outsourced many of its day-to-day IT functions and management to a hosted environment with Safe Systems and its SOC 2 Type II audited facilities.