---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-043323"
form_type: "8-K"
ticker: "PRMB"
cik: "0002042694"
company_name: "Primo Brands Corp"
filed_at: "2025-03-03T23:59:59+00:00"
generated_at: "2026-05-25T22:07:24.981988+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Primo Brands finalizes exchange offer, cancels ~$16.4M notes and issues new secured/unsecured debt

## Summary
- Final settlement on Feb 28: €2.64M Primo 2028, $120K Primo 2029, and $13.688M BlueTriton 2029 notes cancelled.
- Combined with early settlement, new notes outstanding: €441.877M (3.875% secured 2028), $746.451M (4.375% secured 2029), and $712.76M (6.25% unsecured 2029).
- New secured notes are senior secured, guaranteed by Primo Brands and domestic subs, secured by first lien on assets pari passu with credit agreement.
- Tendered notes represented 98.19%, 99.53%, and 99.96% of each series; remaining outstanding amounts minimal.
- New unsecured notes carry 6.25% coupon, due 2029, with guarantees from same guarantor group.

## SEC filing metadata
- accession: 0001193125-25-043323
- form_type: 8-K
- ticker: PRMB
- cik: 0002042694
- company_name: Primo Brands Corp
- filed_at: 2025-03-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2042694/000119312525043323/0001193125-25-043323-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2042694/000119312525043323/d127729d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-043323
- JSON: https://secwatch.observer/filing/0001193125-25-043323.json
- Plain text: https://secwatch.observer/filing/0001193125-25-043323.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.