Company: PRMB
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0002042694-25-000015
Chunk: 50

Company: Primo Brands Corp
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 50
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30.1 million of software development costs that are in-progress as of June 30, 2025 and not yet amortizable.

20

NOTE 7—DEBT

The following table summarizes Long-term debt in the Condensed Consolidated Balance Sheets as of the periods presented:($ in millions)June 30, 2025December 31, 2024Term Loans$3,083.1 $3,098.6 6.250% Senior Notes 1712.8 713.0 3.875% Senior Notes 1, 2508.9 459.8 4.375% Senior Notes 1, 2710.6 710.0 Revolving Credit Facility— — Finance leases116.7 100.2 Other 322.1 11.4 Unamortized debt costs and discounts(61.6)(64.9)Total debt$5,092.6 $5,028.1 Less: current portion of long term debt70.4 64.5 Long-term debt, less current portion$5,022.2 $4,963.6 ______________________1  The December 31, 2024 balances for the 3.875% Senior Notes, the 4.375% Senior Notes and the 6.250% Senior Notes represent the Original Notes as defined below. The June 30, 2025 balances for the 3.875% Senior Notes and the 4.375% Senior Notes represent the New Notes as defined below. The June 30, 2025 balance for the 6.250% Senior Notes represents the exchanged unsecured notes as described below. 2  The outstanding aggregate principal amounts of the 3.875% Senior Notes and the 4.375% Senior Notes are net of unamortized discounts of $8.5 million and $35.9 million, respectively, as of June 30, 2025. Refer to the sections below for additional details related to the discounts. The outstanding aggregate principal amounts of the Original 3.875% Senior Notes and the Original 4.375% Senior Notes are net of unamortized discounts of $8.9 million and $40.0 million, respectively, as of December 31, 2024. Refer to the sections below for additional details related to the discounts. 3   Includes the non-tendered Original Notes (as