Energizer gives redemption price on $600 million 7¾% notes due 2027

By Taylor Fox

New York, Jan. 7 – Energizer Holdings, Inc. satisfied all conditions to fully redeem $600 million outstanding of its 7¾% senior notes due 2027, according to a news release.

The notes will be redeemed at $1,110.964735 per $1,000 principal amount of the notes plus interest of $37.24305555 per $1,000 of notes, for a total amount payable of $1,148.20779055 per $1,000 principal amount of the notes on Friday.

As previously reported, the redemption was conditioned upon, among other things, the consummation of a senior secured incremental term loan credit facility in an amount of $650 million under an amended and restated credit agreement to be entered into on or around Dec. 22.

Energizer is a St. Louis-based manufacturer of batteries.

© 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.