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Energizer Holdings, Inc. Announces Commencement of Offering of $600 Million Senior NotesST. LOUIS, Jan. 15, 2019 /PRNewswire/ -- Energizer Holdings, Inc. (NYSE: ENR) (the "Company") today announced the commencement of a $600 million offering of senior notes due 2027. 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 senior notes, together with the net proceeds from the recently priced concurrent common stock and mandatory convertible preferred stock offerings, to fund the previously announced acquisition of the global auto care business of Spectrum Brands Holdings, Inc. (the "Auto Care Acquisition") and to pay related fees, costs and expenses. The closing of the offering of senior notes is conditioned on the substantially concurrent closing of the Auto Care Acquisition and customary closing conditions. 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. The notes and related guarantees have not been 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 toan 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. Cautionary Statement on Forward-Looking Language About Energizer Holdings, Inc.
View original content:http://www.prnewswire.com/news-releases/energizer-holdings-inc-announces-commencement-of-offering-of-600-million-senior-notes-300778984.html SOURCE Energizer Holdings, Inc. |