AZEK Company Inc (AZEK) News

AZEK beauty, good call

awesome buy on this dip under 16.50

$AZEK

Under the ABL facility, if availability is less than the greater of $12.5 million and 10% of the line cap, The AZEK Company Inc. (“Holdings”) must maintain a fixed charge coverage ratio of at least 1x. The covenant testing period continues until availability exceeds such threshold for 30 consecutive days, and equity cures are permitted.This covenant is not currently tested, but if it were, the company would be in compliance. Read the full covenant conclusions here: https://reorg.com/azek-company-financial-covenants/

Nice chart setup

http://schrts.co/mxEmCFYR

Nice chart setup

http://schrts.co/mxEmCFYR

#AZEK: BUILDING MATERIAL COMPANY... NEW IPO 06-12-20

IPO date 06/12/2020. Priced at $21/share

Prospectus available at: https://www.sec.gov/Archives/edgar/data/1782754/000119312520162693/d776367ds1a.htm