Energizer Holdings, Inc. Announces Satisfaction of the Conditions Precedent to the Full Redemption of, and Calculation of Redemption Price for, its Outstanding 7.750% Senior Notes due 2027
January 07, 2021 at 09:05 pm
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Energizer Holdings, Inc. notified the trustee for the Company's 7.750% Senior Notes due 2027 (the "Notes") that the conditions to the previously announced conditional redemption in full of the $600,000,000 aggregate principal amount outstanding of the Notes have been satisfied. The Company also announced the redemption price for the redemption of the Notes. The Notes will be redeemed in full on January 8, 2021 (the "Redemption Date"), and the redemption price for the Notes will be $1,110.964735 per $1,000 principal amount of the Notes, plus accrued and unpaid interest to but excluding the Redemption Date of $37.24305555 per $1,000 principal amount of the Notes, for a total amount payable on the Redemption Date of $1,148.20779055 per $1,000 principal amount of the Notes, all as calculated in accordance with the terms of the Notes and the indenture governing the Notes.
Energizer Holdings, Inc., through its subsidiaries, is a globally diversified household products provider, which includes batteries, auto care and portable lights. The Company is a manufacturer, marketer and distributor of household and specialty batteries, automotive appearance, performance, refrigerant and freshener products, and portable lights. The Company offers household batteries, including primary, rechargeable, specialty and hearing aid using many technologies, including lithium, alkaline, carbon zinc, nickel metal hydride, zinc air and silver oxide. These products are sold globally under the Energizer, Eveready and Rayovac brands, including hearing aid batteries, and the Varta brand in Latin America and Asia Pacific. Its appearance and fragrance product categories include protectants, wipes, tire and wheel care products, and air fresheners. Its performance product categories include STP-branded fuel and oil additives, functional fluids and other performance chemical products.
Energizer Holdings, Inc. Announces Satisfaction of the Conditions Precedent to the Full Redemption of, and Calculation of Redemption Price for, its Outstanding 7.750% Senior Notes due 2027