secwatch.observer — SEC 8-K summary
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Issuer:     Prestige Consumer Healthcare Inc. (PBH)
CIK:        0001295947
Form:       8-K
Filed at:   2026-06-16T10:15:52+00:00
Accession:  0001104659-26-074259
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 2.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Prestige closes $1.045B acquisition of Breathe Right brand from Foundation
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- Purchase price $1.045B cash; net of $150M tax benefits, effective cost ~$900M.
- Financed via new Term Loan B of $1.045B (Term SOFR + 2.00%) and cash on hand.
- ABL facility amended and upsized to $225M with 5-year maturity from closing.
- Breathe Right becomes Prestige's largest brand, entering a new nasal strip category.
- LaCorium acquisition expected Q2 FY27; up to $95M additional term loans available.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1295947/000110465926074259/0001104659-26-074259-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1295947/000110465926074259/tm2618021d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-074259

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer