NYSE:JBIBuilding
Is Janus International (JBI) Using Cheaper Debt To Quietly Redraw Its Risk‑Reward Profile?
On 2 February 2026, Janus International Group, Inc. repriced its privately placed US$551,000,000 first lien term loan, cutting the interest margin by 50 basis points from SOFR + 250 basis points to SOFR + 200 basis points while keeping the maturity and other terms largely unchanged.
This refinancing move highlights management’s focus on lowering interest costs and enhancing financial flexibility without increasing leverage or extending debt maturities.
Next, we’ll examine how this lower-cost...