---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-135834"
form_type: "8-K"
ticker: "PRMB"
cik: "0002042694"
company_name: "Primo Brands Corp"
filed_at: "2026-04-01T23:59:59+00:00"
generated_at: "2026-05-15T08:02:43.493382+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Primo Brands refinances $3.09B term loan to 2031 maturity at SOFR+2.75%

## Summary
- Entered Fifth Amendment to Credit Agreement, refinancing existing March 2028 term loan with $3.09B Refinancing Term Facility maturing March 2031.
- Interest rate is SOFR + 2.75% margin, with 0.50% SOFR floor; quarterly amortization of 1% per annum.
- Proceeds used to repay existing term loans and pay related fees, commissions, and expenses.
- Soft call provision: 1% prepayment premium if repricing event occurs within six months of March 31, 2026 closing date.

## SEC filing metadata
- accession: 0001193125-26-135834
- form_type: 8-K
- ticker: PRMB
- cik: 0002042694
- company_name: Primo Brands Corp
- filed_at: 2026-04-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2042694/000119312526135834/0001193125-26-135834-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2042694/000119312526135834/d144191d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-135834
- JSON: https://secwatch.observer/filing/0001193125-26-135834.json
- Plain text: https://secwatch.observer/filing/0001193125-26-135834.txt

## Key facts
- Debt Financings
  Primo Brands Corp incurred credit facility of $3,090 million with Morgan Stanley Senior Funding, Inc., as term loan administrative agent and collateral agent, and the other lenders party thereto at SOFR plus 2.75% maturing March 2031.
  - Instrument: credit facility
  - Principal: $3,090 million
  - Counterparty: Morgan Stanley Senior Funding, Inc., as term loan administrative agent and collateral agent, and the other lenders party thereto
  - Rate: SOFR plus 2.75%
  - Maturity: March 2031
  - Event: incurrence
  source text: then-existing term loan (maturing in March 2028) with a new senior secured first lien term loan facility (the “Refinancing Term Facility”) in an aggregate principal amount of $3,090 million (the “Refinancing Term Loans”) and to make related changes to effect such refinancing. The Refinancing Term Facility will mature in March 2031 and will amortize in equal
  evidence_url: https://www.sec.gov/Archives/edgar/data/2042694/000119312526135834/0001193125-26-135834-index.htm
- Material Agreements
  Primo Brands Corp amended Fifth Amendment with Morgan Stanley Senior Funding, Inc., as administrative agent, and the other lenders party thereto valued at $3,090 million (effective 2026-03-31).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Morgan Stanley Senior Funding, Inc., as administrative agent, and the other lenders party thereto
  - Value: $3,090 million
  - Effective: 2026-03-31
  source text: On March 31, 2026 (the “Closing Date”), Primo Brands Corporation (the “Company”) entered into an amendment (the “Fifth Amendment”), which amended that certain First Lien Credit Agreement, dated as of March 31, 2021 (as amended prior to the effectiveness of the Fifth Amendment, the “Existing Credit Agreement,” and as further amended by the Fifth Amendment, the “Amended Credit Agreement”), by and among the Company, as the parent borrower, Triton Water Holdings, Inc. and Primo Water Holdings Inc., as borrowers (collectively, together with the Company, the “Borrowers”), the other guarantors party thereto, Morgan Stanley Senior Funding, Inc., as term loan administrative agent and collateral agent, and the other lenders party thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2042694/000119312526135834/0001193125-26-135834-index.htm

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