Company: PRMB
Filing Date: 2025-01-24
Form Type: CORRESP
Source: 0001193125-25-012417
Chunk: 1

Company: Primo Brands Corp
Filing Date: 2025-01-24
Form: CORRESP
Chunk 1
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 respectfully notes the Staff’s comment and has revised the disclosure on page 21 to remove the final sentence from the risk factor. Our ability to use certain tax attributes may become subject to limitation, page 28

| 5. | We note disclosure indicating that the Section 382 limitation applies if                                                                                                                                                                                
 you experience the ownership change described. Please revise to clarify whether the Transaction and/or this offering has resulted or is expected to result in such an ownership change. Revise prospective or hypothetical disclosure as appropriate to 
 reflect actual or expected outcomes, including quantification to the extent possible.                                                                                                                                                                   |

Response:The Company respectfully notes the Staff’s comment and has revised page 31 to clarify that the Transaction is expected to result in an “ownership change” and to reflect the expected outcomes resulting from the Transaction and/or this offering and include the quantification of such outcomes.

January 24, 2025 Page 3 Our bylaws provide that the Court of Chancery of the State of Delaware is the exclusive forum...., page 28

| 6. | Please revise for consistency with disclosure on page 142, which indicates your exclusive forum provision 
 will not apply to suits brought to enforce the Exchange Act.                                              |

Response:The Company respectfully notes the Staff’s comment and has revised the disclosure on page 30 for consistency with the disclosure on page 178. Risks Related to Our Indebtedness, page 30

| 7. | Please revise hypothetical disclosure here and in the summary (e.g., “[W]e may not be able to                                                                                                                                              
 generate sufficient cash flows from operations”) for consistency with disclosure on page 73 that “[W]e do not expect to generate sufficient cash from operations to repay at maturity the entirety of the then-outstanding balances of our 
 indebtedness.” Discuss the material risks related to your anticipated lack of cash to repay indebtedness. In addition, please discuss in your MD&A or another appropriate location whether and how material terms governing BlueTriton’s   
 and Primo Water’s respective debt have been or will be adjusted as a result of the Transaction.                                                                                                                                            |

Response:The Company respectfully notes the Staff’s comment and has revised the disclosure on pages 32 and 35 for consistency with the disclosure on page 76. The Company has further revised pages 32 and 35 to discuss the material risks related to its anticipated lack of cash to repay indebtedness. Furthermore, the Company has revised pages 71 and 83 to clarify that the material terms governing BlueTriton’s and Pr