Jeld-Wen goes public

CHARLOTTE, N.C. — Jeld-Wen entered the New York Stock Exchange at the end of last week with an initial public offering of 25 million shares of its common stock at a public offering price of $23 per share. More than 22 million of the shares will be sold by the company itself, while Onex Corp.-affiliated stockholders will sell the rest. Shares rose 13.6% the first day to $26.12. Once expenses are covered, the company expects to generate some $475 million in revenue, of which $375 will go toward paying debts.