Energizer Holdings, Inc. announced that on January 7, 2021 certain of its subsidiaries, as guarantors, JPMorgan Chase Bank, N.A., as administrative agent and the lenders party thereto entered into the Incremental Term Loan Amendment No. 1 (the Amendment). The Amendment modifies the Company’s existing credit agreement dated as of December 22, 2020 to, among other things, borrow an incremental $650,000,000 term loan thereunder (the Incremental Term Loan). The Incremental Term Loan has the same interest rate, maturity date, amortization schedule, collateral and other terms as the Company’s existing term loan. The Company will use the proceeds of the Incremental Term Loan to redeem its 7.750% Senior Notes due 2027 issued under the Indenture dated as of January 28, 2019, among the Company, as issuer, and The Bank of New York Mellon Trust Company, N.A. as trustee, to pay fees and expenses incurred in connection with transactions contemplated by the Amendment and for general corporate purposes.