James Hardie redeems US$400 million 5.00% notes due 2028
James Hardie International Finance DAC has fully redeemed US$400 million of its 5.00% Senior Unsecured Notes due 2028 on June 25, 2026. The notes were repaid at par value plus accrued interest, and they are no longer outstanding. The payment was facilitated by Deutsche Bank Trust & Agency Operations.

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James Hardie International Finance Designated Activity Company, a wholly-owned subsidiary of James Hardie Industries plc, has redeemed its US$400 million aggregate principal amount of 5.00% Senior Unsecured Notes due 2028. The redemption was completed on June 25, 2026, at a price equal to 100% of the principal amount plus any accrued and unpaid interest up to, but excluding, the redemption date.
The Notes, identified by ISINs USG4253KAB01 and US47032FAB58, are no longer deemed outstanding as of the Redemption Date. Consequently, interest on these securities has ceased to accrue. The payment for the redemption was processed through the facilities of Deutsche Bank Trust & Agency Operations.
James Hardie Industries plc (NYSE/ASX: JHX) confirmed that the release of this information was authorized by Aoife Rockett, Company Secretary, in accordance with ASX Listing Rule 15.5.
Details of the Redeemed Notes
| Feature | Details |
|---|---|
| Issuer | James Hardie International Finance Designated Activity Company |
| Principal Amount | US$400 million |
| Coupon Rate | 5.00% |
| Maturity | 2028 |
| ISINs | USG4253KAB01, US47032FAB58 |
| Redemption Date | June 25, 2026 |
| Redemption Price | 100% of principal plus accrued interest |
James Hardie Industries plc is a limited liability company incorporated in Ireland and serves as the industry leader in exterior home and outdoor living solutions. Its portfolio includes fiber cement, fiber gypsum, and composite and PVC decking and railing products, marketed under brands such as Hardie®, TimberTech®, and AZEK® Exteriors.
How will the early redemption of these notes impact James Hardie's leverage ratios and overall cost of capital?
Does the company plan to refinance this US$400 million or replace it with lower-cost debt given current interest rate environments?
What strategic capital allocation priorities, such as share buybacks or acquisitions, will this debt repayment free up for the company?

























