Company: PRMB
Filing Date: 2025-11-06
Form Type: 424B3
Source: 0001628280-25-049955
Chunk: 46

Company: Primo Brands Corp
Filing Date: 2025-11-06
Form: 424B3
Chunk 46
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Operations. The difference between fair value changes of the excluded component and the amount amortized to Other income, net is recorded as a component of AOCI on the Condensed Consolidated Balance Sheets.

The following amounts were recorded on the Condensed Consolidated Balance Sheets related to hedged items as of September 30, 2025 and December 31, 2024:

|                                                                                         | ($ in millions) |                                         | September 30, 2025 |     |   | December 31, 2024 |
|:----------------------------------------------------------------------------------------|:----------------|:----------------------------------------|-------------------:|:----|:--|------------------:|
| Line Item in Condensed Consolidated Balance Sheets in Which the Hedged Item Is Included |                 | Carrying Amount of the Hedged Liability |                    |     |   |                   |
| Long-term debt, less current portion1                                                   |                 | $                                       |              527.6 |     | $ |             468.7 |

______________________

1 Carrying amount excludes the unamortized debt discounts as of September 30, 2025 a nd December 31, 2024.

The fair value of the Company's derivative assets and liabilities included in Other non-current assets and Accruals and other current liabilities, respectively, as of September 30, 2025 and December 31, 2024 was as follows:

| ($ in millions)            |     | September 30, 2025 |      |     |             |   |     | December 31, 2024 |   |     |             |      |
|:---------------------------|:----|:-------------------|-----:|:----|:------------|:--|:----|:------------------|:--|:----|:------------|-----:|
| Derivative Contract        |     | Assets             |      |     | Liabilities |   |     | Assets            |   |     | Liabilities |      |
| Foreign exchange contracts |     | $                  | 14.7 |     | $           | — |     | $                 | — |     | $           | 36.0 |

The amount of gains or (losses) recognized in Other income, net in the Condensed Consolidated Statements of Operations for fair value hedging relationships, presented on a pre-tax basis, for the three and nine months ended September 30, 2025 is shown in the