Energizer to pay down $197 million under revolver

By Rebecca Melvin

New York, April 15 – Energizer Holdings Inc. plans to repay $197 million of debt outstanding under its revolving credit facility, according to a news release on Wednesday.

The company will used proceeds of a new offering of notes to fund the repayment.

The company also commenced on Wednesday a $200 million add-on offering to its 6 3/8% senior notes due 2026.

Energizer is a St. Louis-based maker of batteries and portable lighting products.

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