Company: PRMB
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001193125-25-012325
Chunk: 112

Company: Primo Brands Corp
Filing Date: 2025-01-24
Form: S-1
Chunk 112
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 a base rate plus a margin ranging from 0.50% to 1.00% or (ii) an adjusted SOFR rate plus a margin ranging from 1.50% to 2.00%, in each case with such margin depending on the monthly
average unused borrowing availability under the BlueTriton ABL Credit Facility.

As of September 30, 2024, there were no amounts
outstanding under the BlueTriton ABL Credit Facility. See Note 8, “Debt,” to the unaudited and audited consolidated financial statements of BlueTriton included elsewhere in this prospectus for further detail on the BlueTriton ABL Credit
Facility.

Senior Notes

In
connection with the Nestlé Acquisition, on March 31, 2021, Triton Water Holdings issued $770.0 million in aggregate principal amount of 6.250% Senior Notes due 2029 (the “BlueTriton Senior Notes”). As of September 30,
2024, BlueTriton had $713.0 million of aggregate principal amount of BlueTriton Senior Notes outstanding. See Note 8, “Debt,” to the unaudited and audited consolidated financial statements of BlueTriton included elsewhere in this
prospectus for further detail on the BlueTriton Senior Notes.

73

Cash Flows The following table sets forth a summary of BlueTriton’s cash flows for the periods indicated (in millions):

|                                                                         |     | Successor |   Nine Months 
         Ended 
 September 30, 
          2024 |   |     |   |   Nine Months 
         Ended 
 September 30, 
          2023 |   |     |   |   Year Ended 
 December 31, 
         2023 |   |     |   |   Year Ended 
 December 31, 
         2022 |   |     |   |  Period from 
  February 3, 
 2021 through 
 December 31, 
         2021 |   |     | Predecessor | Period from 
  January 1, 
        2021 
     through 
   March 31, 
        2021 |   |
|:------------------------------------------------------------------------|:----|:----------|--------------:|:--|:----|:--|--------------:|:--|:----|:--|-------------:|:--|:----|:--|-------------