Energizer Prices Upsized $400 Million of Senior Notes Offering
MT Newswires Live
Sep 10
Energizer Holdings (ENR) said Tuesday that it priced $400 million of 6% senior unsecured notes due 2033 at par, upsized from $300 million.
The company also completed a $100 million add-on to its existing term loan maturing in 2032.
The company said it plans to use the net proceeds to redeem all its outstanding 6.5% senior notes due 2027, to repay amounts due on its revolving credit facility, and for general corporate purposes.
Both transactions are expected to close around Sept. 22.
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