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Stock impact report

Primo Announces Pricing of Follow-On Public Offering of Common Stock

Primo Water Corporation (PRMW) 
Last primo water corporation earnings: 11/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.primowater.com
Company Research Source: GlobeNewswire
WINSTON-SALEM, N.C., May 18, 2018 (GLOBE NEWSWIRE) -- Primo Water Corporation (Nasdaq:PRMW) (“Primo” or “the Company”), the leading provider of multi-gallon purified bottled water, self-service refill water and water dispensers, today announced the pricing of an underwritten public offering of 4,643,000 shares of its common stock at a price of $14.00 per share to the public. The offering is expected to close on or about May 22, 2018, subject to the satisfaction of customary closing conditions. Primo has granted the underwriters a 30-day option to purchase 696,450 additional shares of its common stock offered in the public offering. Primo intends to use the net proceeds from the offering to pay down existing indebtedness. Upon completion of the offering, the Company intends to refinance its remaining outstanding senior indebtedness. All of the shares will be offered and sold by Primo. There can be no assurance as to whether or when Primo will be able to refinance its remaining outsta Show less Read more
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