Primo Water to use revolver to help fund redemption of 2024 notes

By Taylor Fox

New York, Oct. 8 – Primo Water Corp. plans to use borrowings from its revolving credit facility to help redeem all of its outstanding 2024 notes and pay related premium, fees and expenses, according to a news release.

The redemption will also be funded using proceeds from the company’s €450 million offering of senior notes due 2028.

Primo is a Winston-Salem, N.C., provider of multi-gallon purified bottled water, self-serve filtered drinking water and water dispensers.

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