Energizer Holdings, inc announces commencement of offering of $250 million senior notes offering.
Energizer Holdings, Inc. (NYSE: ENR) (the “Company”) announced the commencement of a $250 million offering of senior notes due 2027 (the “Notes”) in a private offering, subject to market and other conditions.
The Notes will be guaranteed, jointly and severally, on an unsecured basis, by certain of the Company’s domestic restricted subsidiaries.
The Company intends to use the net proceeds from the offering of the Notes (i) to repay indebtedness outstanding under its existing revolving credit facility and (ii) to pay fees and expenses related to the offering.
The Notes and related guarantees are being offered for sale to qualified institutional buyers in an offering of senior notes exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons outside the United States in compliance with Regulation S under the Securities Act.
No assurance can be given that the offering of the Notes will be completed, or, if completed, as to the terms on which it is completed.
The Notes and related guarantees will not be registered under the Securities Act, or any state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering, solicitation or sale would be unlawful.
This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.
About Energizer Holdings, Inc.
Energizer Holdings, Inc. (NYSE: ENR), headquartered in St. Louis, Missouri, is one of the world’s largest manufacturers and distributors of primary batteries, portable lights, and auto care appearance, performance, refrigerant, and fragrance products.
Our portfolio of globally recognized brands includes Energizer®, Armor All®, Eveready®, Rayovac®, STP®, Varta®, A/C Pro®, Refresh Your Car! ®, California Scents®, Driven®, Bahama & Co. ®, LEXOL®, Eagle One®, Nu Finish®, Scratch Doctor®, and Tuff Stuff®.
As a global branded consumer products company, Energizer’s mission is to lead the charge to deliver value to our customers and consumers better than anyone else.
READ the latest Batteries News shaping the battery market
Energizer Holdings, Inc. Announces Commencement of Offering of $250 Million Senior Notes Offering, ST. LOUIS, March 3, 2022
