Company: PRMB
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0002042694-25-000015
Chunk: 154

Company: Primo Brands Corp
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 154
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 a previously recorded indefinite lived trade name. Beginning in the second quarter of fiscal year 2025, the trade name is being amortized through the end of the fiscal year.Based on the carrying value of definite-lived intangible assets as of June 30, 2025, estimated amortization expense for each of the five succeeding years and thereafter is as follows:($ in millions)Amount2025 (Remaining Six Months)$141.7 2026144.42027141.72028139.42029129.3Thereafter1,191.9Total 1$1,888.4 ______________________1     This table excludes $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.