Published on 6/9/2021 in the Prospect News High Yield Daily.
New Issue: Energizer prices €650 million 3½% senior notes due 2029 at par
By Wendy Van Sickle
Columbus, Ohio, June 9 – Energizer Holdings, Inc. subsidiary Energizer Gamma Acquisition BV priced a €650 million issue of senior notes due 2029 (B2/B+) at par to yield 3½% on Wednesday, according to a news release.
The St. Louis-based battery manufacturer plans to use the proceeds to redeem in full its €650 million outstanding 4 5/8% senior notes due 2026 and pay fees and expenses related to the offering.
Issuer: | Energizer Gamma Acquisition BV
|
Guarantor: | Energizer Holdings, Inc.
|
Amount: | €650 million
|
Maturity: | 2029
|
Securities: | Senior notes
|
Coupon: | 3½%
|
Price: | Par
|
Yield: | 3½%
|
Trade date: | June 9
|
Settlement date: | June 23
|
Ratings: | Moody's: B2
|
| S&P: B+
|
Distribution: | Rule 144A and Regulation S
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.