Company: PRMB
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001193125-25-012325
Chunk: 375

Company: Primo Brands Corp
Filing Date: 2025-01-24
Form: S-1
Chunk 375
---
 | 1,011.5 |
| Water Refill/Water Filtration |     |                            |   169.6 |     |       |   — |     |       |   169.6 |
| Other Water1                  |     |                            |    36.8 |     |       |   — |     |       |    36.8 |
| Water Dispensers              |     |                            |    45.9 |     |       |   — |     |       |    45.9 |
| Other                         |     |                            |    68.8 |     |       | 0.5 |     |       |    69.3 |
| Total                         |     | $                          | 1,332.6 |     | $     | 0.5 |     | $     | 1,333.1 |

| 1 | Primarily Mountain Valley retail and on-premise revenue. |

Note 9—Inventories The following table summarizes inventories as of September 28, 2024 and December 30, 2023:

|                | (in millions of U.S. dollars) |   | September 28, 
          2024 |     |   | December 30, 
         2023 |
|:---------------|:------------------------------|:--|--------------:|:----|:--|-------------:|
| Raw materials  |                               | $ |          27.7 |     | $ |         30.4 |
| Finished goods |                               |   |           9.7 |     |   |          6.8 |
| Resale items   |                               |   |          11.2 |     |   |         10.1 |
| Total          |                               | $ |          48.6 |     | $ |         47.3 |

F-132

Note 10—Debt

Revolving Credit Facility

On March 6, 2020,
the Company entered into a credit agreement (the “Credit Agreement”) among the Company, as parent borrower, Primo Water Holdings Inc. and certain other subsidiary borrowers, certain other subsidiaries of the Company from time to time
designated as subsidiary borrowers, Bank of America, N.A., as administrative agent and collateral agent, and the lenders from time to time party thereto.

The Credit Agreement provides for a senior secured revolving credit facility in an initial aggregate committed amount of $350.