Company: PRMB
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0002042694-25-000003
Chunk: 226

Company: Primo Brands Corp
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7
Chunk 226
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— — — — — Revolving Credit Facility— — — — — — — Interest payments1,222.6 354.6 347.8 344.9 153.2 22.1 — Operating leases827.4 133.6 121.8 103.0 85.1 70.0 313.9 Finance leases114.7 33.5 31.1 19.4 13.7 7.4 9.6 Postretirement benefits obligation9.4 1.0 1.0 1.1 1.1 1.0 4.2 Purchase obligations2111.6 66.2 19.8 9.8 8.3 7.5 — Other liabilities3.3 3.3 — — — — — Total$7,330.7 $629.3 $558.3 $511.7 $3,732.7 $1,571.0 $327.7 

1 The payments for the 3.875% Senior Notes and the 4.375% Senior Notes exclude the unamortized discounts of €8.6 million ($8.9 million at exchange rates in effect on December 31, 2024) and $40.0 million, respectively, as of December 31, 2024. 

2 Purchase obligations consist of commitments for the purchase of subscriptions, utilities, services and supplies vital to the Company's operations and ability to serve its customers. These obligations represent the minimum contractual obligations expected under the normal course of business.

As a result of the Refinancing Transactions, the Company’s debt instruments have changed, however the aggregate payments due by period have not materially changed from the above, other than with respect to future interest payments. The ABL Credit Facility and Revolving Credit Facility, have been replaced by the $750 million New Revolving Credit Facility. 

We have not provided for federal, state, and foreign deferred income taxes on the undistributed earnings of our subsidiaries. We expect that these earnings will be permanently reinvested by such subsidiaries except in certain instances where repatriation attributable to current earnings results in minimal or no tax consequences.  A future change to our assertion that foreign earnings will be permanently reinvested could result in additional income taxes and/or withholding