debt
confidence high
sentiment neutral
materiality 0.65
Perimeter Solutions prices $550M senior secured notes at 6.250% due 2034 to fund MMT acquisition
Perimeter Solutions, Inc.
- Perimeter Holdings priced $550M aggregate principal of 6.250% senior secured notes due January 15, 2034.
- Offering expected to close January 2, 2026; proceeds plus cash on hand will fund the MMT acquisition.
- If MMT acquisition not closed by Sept 9, 2026, Perimeter must redeem the Notes.
- Perimeter expects to amend revolver to up to $200M and extend maturity before note closing.
- Notes offered only to QIBs and non-U.S. persons under Rule 144A and Reg S.