Company: PRMB
Filing Date: 2025-01-28
Form Type: 8-K
Source: 0001193125-25-013702
Chunk: 0

Company: Primo Brands Corp
Filing Date: 2025-01-28
Form: 8-K
Item: Item 8.01
Chunk 0
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Item 8.01.      Other Events.  

On January 27, 2025, Primo Brands Corporation (the “ Company” or “ Primo Brands”) commenced separate private offers to exchange (collectively, the “ Offers”) the three series of outstanding senior notes issued by either Primo Water Holdings Inc., an indirect, wholly owned subsidiary of Primo Brands (the “ Primo Issuer”), or Triton Water Holdings, Inc., an indirect, wholly owned subsidiary of Primo Brands (the “ BlueTriton Issuer” and, together with the BlueTriton Issuer, the “ Issuers”), for three new series of senior notes to be co-issuedby the Issuers and cash. The Offers consist of the following:

  an offer to exchange any and all of the €450,000,000 in aggregate principal amount of outstanding 3.875% Senior Notes due 2028 (the “ Existing Primo 2028 Notes”) issued by the Primo Issuer for ...  

  an offer to exchange any and all of the $750,000,000 in aggregate principal amount of outstanding 4.375% Senior Notes due 2029 (the “ Existing Primo 2029 Notes” and, together with the Existing ...  
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  an offer to exchange any and all of the $713,023,000 in aggregate principal amount of outstanding 6.250% Senior Notes due 2029 (the “ Existing BlueTriton Notes” and together with the Existing P...  

In conjunction with the Offers, the Issuers are also soliciting (collectively, the “ Consent Solicitations”) consents from eligible holders of the Existing Notes to (i) certain proposed amendments to eliminate substantially all of the restrictive covenants, certain of the default provisions, and certain other provisions contained in each indenture governing the applicable series of Existing Notes and (ii) with respect to each series of Existing Primo Notes, release the note guarantee of each guarantor of each such series of Existing Primo Notes.

The Offers and Consent Solicitations are being made, and the New Notes are being offered and issued, solely pursuant to the conditions set forth in the confidential offering memorandum and consent solicitation statement dated January 27, 2025 pursuant to an exemption from the registration requirements of the Securities Act of 1933, as amended, and