debt
confidence high
sentiment neutral
materiality 0.55
Energizer prices $400M 6.00% Senior Notes due 2033, adds $100M Term Loan, to redeem 2027 notes
ENERGIZER HOLDINGS, INC.
- Pricing of $400M (upsized from $300M) 6.00% Senior Notes due 2033 at par.
- Completed $100M add-on to existing Term Loan due 2032 at SOFR+200 bps.
- Transactions are leverage neutral, extend maturity profile, and reduce interest expense.
- Proceeds to redeem all outstanding 6.50% Senior Notes due 2027 and repay revolver.
- Expected close on or around September 22, 2025, subject to conditions.
item 7.01item 9.01