Primo Water to redeem 5½% senior notes due 2025 via new notes

By Marisa Wong

Los Angeles, April 21 – Primo Water Corp.’s wholly owned subsidiary, Primo Water Holdings Inc., plans to redeem all of its outstanding 5½% senior notes due 2025 using proceeds from an offering of senior notes due 2029, according to a news release.

The company will also use cash on hand to fund the redemption.

Primo Water is a Tampa, Fla.-based water dispenser company.

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